Baio Richard Mark 4
4 · BERKLEY W R CORP · Filed Aug 17, 2022
Insider Transaction Report
Form 4
Baio Richard Mark
Vice President - Treasurer
Transactions
- Award
Common Stock
2022-08-15+11,914→ 108,506 total - Tax Payment
Common Stock
2022-08-15$65.78/sh−547$35,982→ 107,959 total
Holdings
- 13,620(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]Represents the vesting of tranches of performance-based restricted stock units ("RSUs") granted in 2017, 2018 and 2019 under the W. R. Berkley Corporation 2018 Stock Incentive Plan (or its predecessor plan) for the three-year performance period ending June 30, 2022 (consisting of 3,905 shares; 4,323 shares; and 3,686 shares, respectively).
- [F2]On March 23, 2022, the Company's common stock split on a 3-for-2 basis (the "Stock Split"), resulting in an increase of 32,199 shares of common stock underlying vested RSUs beneficially owned by the reporting person.
- [F3]Represents payment of tax liability by withholding securities incident to the vesting of RSUs.
- [F4]Represents shares of common stock underlying RSUs, all of which have vested (the receipt of which has been deferred); and does not include unvested shares of common stock underlying performance-based RSUs.
- [F5]Includes an increase of 4,443 shares of common stock beneficially owned resulting from the Stock Split.