KELLEY BRUCE G 4
4 · EMC INSURANCE GROUP INC · Filed Mar 4, 2019
Insider Transaction Report
Form 4
KELLEY BRUCE G
DirectorPresident & CEO
Transactions
- Conversion
Restricted Stock Units
2019-03-01$31.82/sh−1,500$47,738→ 3,000 totalFrom: 2018-03-01→ Common Stock (1,500 underlying) - Conversion
Restricted Stock Units
2019-03-01$31.82/sh−1,500$47,738→ 4,500 totalExercise: $0.00From: 2019-03-01→ Common Stock (1,500 underlying) - Award
Restricted Stock Units
2019-03-01+6,000→ 6,000 totalExercise: $0.00From: 2020-03-01→ Common Stock (6,000 underlying) - Conversion
EMCI-Common Stock
2019-03-01$31.82/sh+3,000$95,475→ 273,551 total
Holdings
- 2,250(indirect: By Spouse)
EMCI-Common Stock
Footnotes (5)
- [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]FMV on conversion date was $31.8250
- [F4]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.
- [F5]On March 1, 2019, the reporting person was granted 6,000 restricted stock units, vesting at 25% per year beginning on the first anniversary of the grant date.