PRATHER CARLA A 4
4 · EMC INSURANCE GROUP INC · Filed Mar 6, 2018
Insider Transaction Report
Form 4
PRATHER CARLA A
Asst. Vice Pres. & Controller
Transactions
- Tax Payment
EMCI-Common Stock
2018-03-01$26.30/sh−159$4,182→ 8,587 total - Conversion
Restricted Stock Units
2018-03-01$26.30/sh−113$2,972→ 339 total→ Common Stock (113 underlying) - Award
Restricted Stock Units
2018-03-01+452→ 452 totalExercise: $0.00→ Common Stock (452 underlying) - Conversion
EMCI-Common Stock
2018-03-01$26.30/sh+113$2,972→ 8,700 total
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 452 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 452 restricted stock units, vesting at 25% per year beginning on the first anniversary of the grant date.