Payne James Parker 4
4 · AMERICAN NATIONAL INSURANCE CO /TX/ · Filed May 2, 2019
Insider Transaction Report
Form 4
Payne James Parker
Director
Transactions
- Disposition to Issuer
Common Stock
2019-05-01$113.19/sh−750$84,893→ 1,187 total - Award
Restricted Stock Units
2019-05-01+750→ 750 totalFrom: 2020-05-01Exp: 2020-05-01→ Common Stock (750 underlying) - Exercise/Conversion
Common Stock
2019-05-01+750→ 1,937 total - Exercise/Conversion
Restricted Stock Units
2019-05-01−750→ 0 totalFrom: 2019-05-01Exp: 2019-05-01→ Common Stock (750 underlying)
Footnotes (4)
- [F1]This transaction represents the settlement of vested restricted stock units in cash based on the closing price of Issuer's common stock on May 1, 2019. 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, cash in an amount equal to the closing price of Issuer's common stock on the date of vesting.
- [F3]These restricted stock units vested on May 1, 2019.
- [F4]These restricted stock units vest on May 1, 2020, or upon the reporting person's earlier retirement, death or disability.