EMC INSURANCE GROUP INC 4
4 · EMC INSURANCE GROUP INC · Filed Dec 19, 2016
Insider Transaction Report
Form 4
HOVICK KEVIN J
Sr. Vice President
Transactions
- Exercise/Conversion
NQO Right To Buy
2016-12-16$16.27/sh−20,202$328,687→ 0 totalExercise: $16.27From: 2012-03-01Exp: 2021-03-01→ Common Stock (20,202 underlying) - Exercise/Conversion
NQO Right To Buy
2016-12-16$13.99/sh−18,000$251,761→ 4,500 totalExercise: $13.99From: 2013-03-01Exp: 2022-03-01→ Common Stock (18,000 underlying) - Tax Payment
EMCI Common Stock
2016-12-16$29.57/sh−29,611$875,597→ 43,676 total - Exercise/Conversion
EMCI Common Stock
2016-12-16$13.99/sh+18,000$251,761→ 73,287 total - Exercise/Conversion
EMCI Common Stock
2016-12-16$16.27/sh+20,202$328,687→ 55,287 total
Footnotes (2)
- [F1]Price range was $29.38 - $29.995 for an average of $29.57
- [F2]Options vest in five equal annual installments (20%)beginning one year after date of grant.