YARBROUGH JAMES D 4
4 · AMERICAN NATIONAL INSURANCE CO /TX/ · Filed Mar 2, 2018
Insider Transaction Report
Form 4
YARBROUGH JAMES D
Director
Transactions
- Exercise/Conversion
Common Stock
2018-03-01+250→ 12,500 total - Exercise/Conversion
Restricted Stock Units
2018-03-01−250→ 0 totalFrom: 2016-03-01Exp: 2018-03-01→ Common Stock (250 underlying)
Footnotes (3)
- [F1]This transaction represents the settlement of vested restricted stock units in shares of 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 equal annual installments, beginning March 1, 2016, or upon the reporting person's earlier retirement, death or disability.