Nigut Elizabeth A 4

4 · EMC INSURANCE GROUP INC · Filed Mar 5, 2019

Form 4

Period: 2019-03-01

Other

Transactions

Conversion
EMCI-Common Stock
2019-03-01$31.82/sh+1,126$35,835→ 4,348.933 total
Conversion
Restricted Stock Units
2019-03-01$31.82/sh−563$17,917→ 1,689 total
Exercise: $0.00From: 2019-03-01→ Common Stock (563 underlying)
Tax Payment
EMCI-Common Stock
2019-03-01$31.82/sh−762$24,251→ 3,586.933 total
Conversion
Restricted Stock Units
2019-03-01$31.82/sh−563$17,917→ 1,126 total
Exercise: $0.00From: 2018-03-01→ Common Stock (563 underlying)
Award
Restricted Stock Units
2019-03-01+2,252→ 2,252 total
Exercise: $0.00From: 2020-03-01→ Common Stock (2,252 underlying)

Footnotes (5)

[F1]Restricted stock units convert into common stock on a one-for-one basis.
[F2]FMV on conversion date was $31.8250
[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 2252 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 2,252 restricted stock units, vesting at 25% per year beginning on the first anniversary of the grant date.

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