4//SEC Filing
Lehman Meyer T 4
Accession 0000356130-19-000109
CIK 0000356130other
Filed
Sep 22, 8:00 PM ET
Accepted
Sep 23, 4:05 PM ET
Size
19.1 KB
Accession
0000356130-19-000109
Insider Transaction Report
Form 4
Lehman Meyer T
Other
Transactions
- Disposition to Issuer
Restricted Stock Units
2019-09-19−2,252→ 0 totalExercise: $0.00From: 2020-03-01Exp: 2023-03-01→ Common Stock (2,252 underlying) - Disposition to Issuer
Restricted Stock Units
2019-09-19−452→ 0 total(indirect: By Spouse)From: 2020-03-01Exp: 2023-03-01→ Common Stock (452 underlying) - Disposition to Issuer
EMCI-Common Stock
2019-09-19$36.00/sh−758.962$27,323→ 113 total(indirect: By Spouse) - Disposition to Issuer
EMCI-Common Stock
2019-09-19$36.00/sh−113$4,068→ 0 total(indirect: By Spouse) - Disposition to Issuer
Restricted Stock Units
2019-09-19−339→ 0 total(indirect: By Spouse)Exercise: $0.00From: 2019-03-01Exp: 2022-03-01→ Common Stock (339 underlying) - Disposition to Issuer
Restricted Stock Units
2019-09-19−1,689→ 0 totalExercise: $0.00From: 2019-03-01Exp: 2022-03-01→ Common Stock (1,689 underlying) - Disposition to Issuer
Restricted Stock Units
2019-09-19−226→ 0 total(indirect: By Spouse)Exercise: $0.00From: 2018-03-01Exp: 2021-03-01→ Common Stock (226 underlying)
Footnotes (6)
- [F1]In connection with the merger of EMC Insurance Group Inc. and a subsidiary of Employers Mutual Casualty Company, pursuant to an agreement and plan of merger dated May 8, 2019 (the "Merger Agreement"), all shares of EMC Insurance Group Inc. common stock were cancelled and automatically converted into the right to receive $36.00 per share, without interest.
- [F2]This restricted stock award which provided for vesting in four equal annual installments beginning March 1, 2017, was cancelled and converted into the right to receive the cash payment from Employers Mutual Casualty Company as specified in the Merger Agreement, if and when the applicable vesting conditions in the original award are met (the product of the merger consideration of $36.00 per share multiplied by the total number of shares of common stock underlying each RSA).
- [F3]This restricted stock unit award which provided for vesting in four equal annual installments beginning March 1, 2018, was cancelled and converted into the right to receive from Employers Mutual Casualty Company the cash payment specified in the Merger Agreement if and when the applicable vesting conditions in the original award are met (the product of the merger consideration of $36.00 per share multiplied by the total number of shares of common stock underlying each RSU).
- [F4]This restricted stock unit award which provided for vesting in four equal annual installments beginning March 1, 2019, was cancelled and converted into the right to receive from Employers Mutual Casualty Company the cash payment specified in the Merger Agreement if and when the applicable vesting conditions in the original award are met (the product of the merger consideration of $36.00 per share multiplied by the total number of shares of common stock underlying each RSU).
- [F5]$0
- [F6]This restricted stock unit award which provided for vesting in four equal annual installments beginning March 1, 2020, was cancelled and converted into the right to receive from Employers Mutual Casualty Company the cash payment specified in the Merger Agreement if and when the applicable vesting conditions in the original award are met (the product of the merger consideration of $36.00 per share multiplied by the total number of shares of common stock underlying each RSU).
Documents
Issuer
EMC INSURANCE GROUP INC
CIK 0000356130
Entity typeother
Related Parties
1- filerCIK 0001714675
Filing Metadata
- Form type
- 4
- Filed
- Sep 22, 8:00 PM ET
- Accepted
- Sep 23, 4:05 PM ET
- Size
- 19.1 KB