Strother Todd A 4
4 · EMC INSURANCE GROUP INC · Filed Mar 6, 2018
Insider Transaction Report
Form 4
Strother Todd A
Other
Transactions
- Conversion
EMCI-Common Stock
2018-03-01$26.30/sh+375$9,863→ 375 total - Tax Payment
EMCI-Common Stock
2018-03-01$26.30/sh−122$3,209→ 253 total - Conversion
Restricted Stock Units
2018-03-01$26.30/sh−375$9,863→ 1,125 total→ Common Stock (375 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 1500 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