Phillips Larry Wayne 4
4 · EMC INSURANCE GROUP INC · Filed Mar 6, 2018
Insider Transaction Report
Form 4
Phillips Larry Wayne
Other
Transactions
- Tax Payment
Common Stock
2018-03-01$26.30/sh−693$18,226→ 4,504 total - Conversion
Common Stock
2018-03-01$26.30/sh+364$9,573→ 4,868 total - Conversion
Restricted Stock Units
2018-03-01$26.30/sh−563$14,807→ 1,689 total→ Common Stock (563 underlying) - Award
Restricted Stock Units
2018-03-01+2,252→ 2,252 totalExercise: $0.00→ Common Stock (2,252 underlying)
Footnotes (4)
- [F1]FMV on conversion date was $26.30
- [F2]Restricted stock units convert into common stock on a one-for-one basis.
- [F3]On March 1, 2017, the reporting person was granted 2,252 restricted stock units, vesting at 25% per year beginning on the first anniversary of the grant date.
- [F4]On March 1, 2018, the reporting person was granted 2250 restricted stock units, vesting at 25% per year beginning on the first anniversary of the grant date