4//SEC Filing
OLD REPUBLIC INTERNATIONAL CORP 4
Accession 0000074260-16-000099
$ORICIK 0000074260operating
Filed
May 8, 8:00 PM ET
Accepted
May 9, 2:41 PM ET
Size
5.7 KB
Accession
0000074260-16-000099
Insider Transaction Report
Form 4
RAGER R SCOTT
SrVP Administration & Planning
Transactions
- Award
2016 Employee Stock Option
2016-05-06+50,000→ 50,000 totalExercise: $18.14From: 2016-05-06Exp: 2026-03-23→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Date of notice to the optionee.
- [F2]These shares vest and become exercisable each December 31 at the rate of 10% the first year, 15% the second year, 20% the third year, 25% the fourth year and 30% the fifth year. Also, vesting shall accelerate if the optionee dies, becomes disabled, retires or a change in control of the company occurs. For those optionees over age 65 and who have been employed for 10 years or more by the company on the date of the grant, 100% of the option shares vest immediately upon such grant.
Documents
Issuer
OLD REPUBLIC INTERNATIONAL CORP
CIK 0000074260
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000074260
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 2:41 PM ET
- Size
- 5.7 KB