AMERICAN NATIONAL INSURANCE CO /TX/ 4

4 · AMERICAN NATIONAL INSURANCE CO /TX/ · Filed Mar 3, 2017

Insider Transaction Report

Form 4
Period: 2017-03-01
Behrens David Alan
Exec. VP, Indep. Marketing
Transactions
  • Disposition to Issuer

    Common Stock

    2017-03-01$123.84/sh4,126$510,9641,792 total
  • Exercise/Conversion

    Common Stock

    2017-03-01+4,1265,918 total
  • Exercise/Conversion

    Restricted Stock Units

    2017-03-011,0560 total
    From: 2015-03-01Exp: 2017-03-01Common Stock (1,056 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2017-03-011,3721,371 total
    From: 2016-03-01Exp: 2018-03-01Common Stock (1,372 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2017-03-011,6983,395 total
    From: 2017-03-01Exp: 2019-03-01Common Stock (1,698 underlying)
Footnotes (5)
  • [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, 2017. 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, 2015, 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, 2016, 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, 2017, or upon the reporting person's earlier retirement, death or disability.

Documents

1 file
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION