KELLEY BRUCE G 4
4 · EMC INSURANCE GROUP INC · Filed Mar 5, 2018
Insider Transaction Report
Form 4
KELLEY BRUCE G
DirectorPresident & CEO
Transactions
- Conversion
EMCI-Common Stock
2018-03-01$26.30/sh+1,500$39,450→ 270,551 total - Conversion
Restricted Stock Units
2018-03-01$26.30/sh−1,500$39,450→ 4,500 total→ Common Stock (1,500 underlying) - Award
Restricted Stock Units
2018-03-01+6,000→ 6,000 totalExercise: $0.00→ Common Stock (6,000 underlying)
Holdings
- 2,250(indirect: By Spouse)
EMCI-Common Stock
Footnotes (3)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]On March 1, 2017, the reporting person was granted 6,000 restricted stock units, vesting at 25% per year beginning on the first anniversary of the grant date.
- [F3]On March 1, 2018, the reporting person was granted 6,000 restricted stock units, vesting at 25% per year beginning on the first anniversary of the grant date.