AMERICAN NATIONAL INSURANCE CO /TX/ 4
4 · AMERICAN NATIONAL INSURANCE CO /TX/ · Filed Mar 3, 2016
Insider Transaction Report
Form 4
Ferdinandtsen George Richard
DirectorPresident and COO
Transactions
- Gift
Common Stock
2016-03-01−20,000→ 13,414 total - Exercise/Conversion
Common Stock
2016-03-01+250→ 33,414 total - Exercise/Conversion
Restricted Stock Units
2016-03-01−250→ 500 totalFrom: 2016-03-01Exp: 2018-03-01→ Common Stock (250 underlying)
Footnotes (4)
- [F1]This transaction represents the settlement of vested restricted stock units in shares of common stock.
- [F2]Bona fide gift to children.
- [F3]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.
- [F4]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.