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AMERICAN NATIONAL INSURANCE CO /TX/ 4

Accession 0000899243-16-015186

CIK 0000904163operating

View on SEC.gov Company Profile

Filed

Mar 2, 7:00 PM ET

Accepted

Mar 3, 5:00 PM ET

Size

16.7 KB

Accession

0000899243-16-015186

Insider Transaction Report

Form 4

Period: 2016-03-01

AMERICAN NATIONAL INSURANCE CO /TX/ANAT

DirectorChairman and CEO10% Owner

Transactions

Exercise/Conversion
Restricted Stock Units
2016-03-01−9,612→ 9,611 total
From: 2015-03-01Exp: 2017-03-01→ Common Stock (9,612 underlying)
Exercise/Conversion
Restricted Stock Units
2016-03-01−12,864→ 25,727 total
From: 2016-03-01Exp: 2018-03-01→ Common Stock (12,864 underlying)
Exercise/Conversion
Common Stock
2016-03-01+32,094→ 550,752 total
Disposition to Issuer
Common Stock
2016-03-01$101.69/sh−32,094$3,263,639→ 518,658 total
Exercise/Conversion
Restricted Stock Units
2016-03-01−9,618→ 0 total
From: 2014-03-01Exp: 2016-03-01→ Common Stock (9,618 underlying)
Award
Restricted Stock Units
2016-03-01+10,579→ 10,579 total
From: 2017-03-01Exp: 2019-03-01→ Common Stock (10,579 underlying)

Footnotes (6)

[F1]This transaction represents the settlement of vested restricted stock units in cash based on the closing price of Issuer's common stock on March 1, 2016. For reporting purposes, such settlement is treated as a simultaneous acquisition and disposition of the underlying common stock.
[F2]Each restricted stock unit represents a contingent right to receive, upon vesting, one share of Issuer's common stock or, at the election of the reporting person, cash in an amount equal to the closing price of such stock on the date of vesting.
[F3]These restricted stock units vest in three substantially equal annual installments, beginning March 1, 2014, or upon the reporting person's earlier retirement, death or disability.
[F4]These restricted stock units vest in three substantially equal annual installments, beginning March 1, 2015, or upon the reporting person's earlier retirement, death or disability.
[F5]These restricted stock units vest in three substantially equal annual installments, beginning March 1, 2016, or upon the reporting person's earlier retirement, death or disability.
[F6]These restricted stock units vest in three substantially equal annual installments, beginning March 1, 2017, or upon the reporting person's earlier retirement, death or disability.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

AMERICAN NATIONAL INSURANCE CO /TX/

CIK 0000904163

Entity typeoperating

IncorporatedTX

Related Parties

1

filerCIK 0000904163

Filing Metadata

Form type: 4
Filed: Mar 2, 7:00 PM ET
Accepted: Mar 3, 5:00 PM ET
Size: 16.7 KB

View on SEC.gov