ROSENBLOOM JERRY S 4
4 · HARLEYSVILLE GROUP INC · Filed May 3, 2012
Insider Transaction Report
Form 4
ROSENBLOOM JERRY S
DirectorOther
Transactions
- Disposition to Issuer
Stock Option (Right-to-Buy)
2012-05-01$36.79/sh−2,500$91,977→ 0 totalExercise: $23.21→ Common Stock (2,500 underlying) - Disposition to Issuer
Stock Option (Right-to-Buy)
2012-05-01$40.00/sh−2,500$100,000→ 0 totalExercise: $20.00→ Common Stock (2,500 underlying) - Disposition to Issuer
Common Stock
2012-05-01$60.00/sh−43,589$2,615,340→ 0 total - Disposition to Issuer
Stock Option (Right-to-Buy)
2012-05-01$32.80/sh−2,500$82,000→ 0 totalExercise: $27.20→ Common Stock (2,500 underlying)
Footnotes (3)
- [F1]Total includes 610.564 shares acquired June 30-September 30, 2011 from participation in the Harleysville Group Inc. Dividend Reinvestment Plan.
- [F2]Shares of Harleysville Group common stock were cancelled and converted, pursuant to the Agreement and Plan of Merger dated September 28, 2011, by and among Harleysville Mutual, Nationwide Mutual, Nationals Sub, Inc. and Harleysville Group Inc., providing for the merger of Harleysville Mutual with and into Nationwide Mutual and Harleysville Group, Inc. with and into Nationals Sub, Inc. (the "Subsidiary Merger"), into the right to receive $60.00 in cash per share.
- [F3]These stock options were vested at the time of disposition. At the time of the Subsidiary Merger, all vested stock options were cancelled and converted into the right to receive a cash payment per share equal to the excess of (a) $60.00 minus (b) the exercise price payable with respect to such share of common stock subject to such option.