Payne James Parker 4

4 · AMERICAN NATIONAL INSURANCE CO /TX/ · Filed May 3, 2018

Form 4

Period: 2018-05-01

Director

Transactions

Disposition to Issuer
Common Stock
2018-05-01$121.93/sh−150$18,290→ 1,187 total
Exercise/Conversion
Restricted Stock Units
2018-05-01−750→ 0 total
From: 2018-05-01Exp: 2018-05-01→ Common Stock (750 underlying)
Exercise/Conversion
Common Stock
2018-05-01+750→ 1,562 total
Award
Restricted Stock Units
2018-05-01+750→ 750 total
From: 2019-05-01Exp: 2019-05-01→ Common Stock (750 underlying)
Tax Payment
Common Stock
2018-05-01$121.93/sh−225$27,434→ 1,337 total

Footnotes (7)

[F1]This transaction represents the vesting of restricted stock units.
[F2]Shares withheld at the election of Reporting Person to satisfy applicable tax obligations.
[F3]This transaction represents the the cash settlement of 150 of the 750 vesting restricted stock units in cash based on the closing price of Issuer's common stock on May 1, 2018. For reporting purposes, such cash settlement is treated as a simultaneous acquisition and disposition of the underlying common stock.
[F4]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.
[F5]These restricted stock units vested on May 1, 2018.
[F6]Each restricted stock unit represents a contingent right to receive, upon vesting, cash in an amount equal to the closing price of Issuer's common stock on the date of vesting.
[F7]These restricted stock units vest on May 1, 2019, or upon the reporting person's earlier retirement, death or disability.

Documents

1 file