Schulz Richard Karl 4

4 · EMC INSURANCE GROUP INC · Filed May 15, 2013

Insider Transaction Report

Form 4

Period: 2013-05-13

EMC INSURANCE GROUP INCEMCI

Schulz Richard Karl

Senior Vice President

Transactions

Tax Payment
EMCI-Common Stock
2013-05-13$27.75/sh−1,430$39,675→ 169 total
Exercise/Conversion
EMCI-Common Stock
2013-05-13$19.35/sh+2,050$39,668→ 2,219 total
Exercise/Conversion
EMCI-Common Stock
2013-05-13$23.47/sh+1,200$28,160→ 3,419 total
Tax Payment
EMCI-Common Stock
2013-05-13$27.70/sh−1,071$29,667→ 2,348 total
Exercise/Conversion
EMCI-Common Stock
2013-05-13$18.86/sh+3,480$65,650→ 5,828 total
Tax Payment
EMCI-Common Stock
2013-05-13$27.70/sh−2,797$77,477→ 3,031 total
Exercise/Conversion
EMCI-Common Stock
2013-05-13$20.68/sh+1,800$37,215→ 4,831 total
Tax Payment
EMCI-Common Stock
2013-05-13$27.70/sh−1,514$41,938→ 3,317 total
Exercise/Conversion
EMCI-Common Stock
2013-05-13$24.41/sh+2,400$58,572→ 5,717 total
Tax Payment
EMCI-Common Stock
2013-05-13$27.70/sh−2,225$61,633→ 3,492 total
Exercise/Conversion
EMCI-Common Stock
2013-05-13$20.98/sh+1,200$25,176→ 4,692 total
Tax Payment
EMCI-Common Stock
2013-05-13$27.70/sh−1,018$28,199→ 3,674 total
Exercise/Conversion
ISO Right To Buy
2013-05-13−2,050→ 15,741 total
Exercise: $19.35From: 2006-03-01Exp: 2015-03-01→ Common Stock (2,050 underlying)
Exercise/Conversion
NSO-Right To Buy
2013-05-13−1,200→ 0 total
Exercise: $23.47From: 2009-03-05Exp: 2018-03-05→ Common Stock (1,200 underlying)
Exercise/Conversion
NSO-Right To Buy
2013-05-13−3,480→ 1,740 total
Exercise: $18.86From: 2010-03-03Exp: 2019-03-03→ Common Stock (3,480 underlying)
Exercise/Conversion
NSO-Right To Buy
2013-05-13−1,800→ 1,200 total
Exercise: $20.68From: 2011-03-01Exp: 2020-03-01→ Common Stock (1,800 underlying)
Exercise/Conversion
NSO-Right To Buy
2013-05-13−2,400→ 3,600 total
Exercise: $24.41From: 2012-03-01Exp: 2021-03-01→ Common Stock (2,400 underlying)
Exercise/Conversion
NSO-Right To Buy
2013-05-13−1,200→ 4,800 total
Exercise: $20.98From: 2013-03-01Exp: 2022-03-01→ Common Stock (1,200 underlying)

Footnotes (1)

[F1]Options vest in five equal annual installments beginning one year after date of grant.

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