Civisca Michael L 4
4 · NAVIGATORS GROUP INC · Filed Aug 22, 2012
Insider Transaction Report
Form 4
Civisca Michael L
EVP & COO, NMC (sub)
Transactions
- Exercise/Conversion
Common Stock
2012-08-20$25.10/sh+5,000$125,500→ 22,210 total - Exercise/Conversion
Employee Stock Option (right to buy)
2012-08-20−5,000→ 0 totalExercise: $25.10Exp: 2013-01-29→ Common Stock (5,000 underlying) - Sale
Common Stock
2012-08-20$50.25/sh−5,000$251,250→ 17,210 total
Footnotes (2)
- [F1]Excludes unvested shares of stock awards over which the Reporting Person does not have voting or dispositive control. The Amount of Securities Beneficially Owned reported on Table I of Reporting Person's prior Section 16 filings inadvertently included vested and outstanding stock options. Except as reported herein, these stock options remain outstanding and unexercised and are not included in the amount currently reported on Table I.
- [F2]The option vested in four equal installments on January 29, 2004, 2005, 2006 and 2007.