AMERICAN NATIONAL INSURANCE CO /TX/ 4
4 · AMERICAN NATIONAL INSURANCE CO /TX/ · Filed Mar 3, 2016
Insider Transaction Report
Form 4
Carlton William Franklin
Vice President, Contoller
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-03-01−33→ 0 totalFrom: 2014-03-01Exp: 2016-03-01→ Common Stock (33 underlying) - Exercise/Conversion
Restricted Stock Units
2016-03-01−33→ 33 totalFrom: 2015-03-01Exp: 2017-03-01→ Common Stock (33 underlying) - Exercise/Conversion
Common Stock
2016-03-01+100→ 317 total - Tax Payment
Common Stock
2016-03-01$101.69/sh−25$2,542→ 292 total - Exercise/Conversion
Restricted Stock Units
2016-03-01−34→ 66 totalFrom: 2016-03-01Exp: 2018-03-01→ Common Stock (34 underlying)
Footnotes (6)
- [F1]This transaction represents the settlement of vested restricted stock units in shares of common stock.
- [F2]Shares withheld at the election of the reporting person to satisfy applicable tax obligations.
- [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, 2014, 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, 2015, 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, 2016, or upon the reporting person's earlier retirement, death or disability.