Herz Irwin Max Jr 4
4 · AMERICAN NATIONAL INSURANCE CO · Filed May 5, 2020
Insider Transaction Report
Form 4
Herz Irwin Max Jr
10% OwnerOther
Transactions
- Exercise/Conversion
Common Stock
2020-05-01+750→ 20,075 total - Disposition to Issuer
Common Stock
2020-05-01$77.54/sh−750$58,155→ 19,325 total - Exercise/Conversion
Restricted Stock Units
2020-05-01−750→ 0 totalFrom: 2020-05-01Exp: 2020-05-01→ Common Stock (750 underlying)
Footnotes (3)
- [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, 2020. 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, 2020.