BOONE CHARLES S 4
4 · OLD REPUBLIC INTERNATIONAL CORP · Filed May 10, 2019
Insider Transaction Report
Form 4
BOONE CHARLES S
Sr. V.P. & Treasurer
Transactions
- Award
2019 Employee Stock Option
2019-05-09+30,000→ 30,000 totalExercise: $21.12From: 2019-12-31Exp: 2029-03-19→ Common Stock (30,000 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 of 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.