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4//SEC Filing

Becker Allan R 4

Accession 0001170961-12-000008

CIK 0000792013other

Filed

May 2, 8:00 PM ET

Accepted

May 3, 2:34 PM ET

Size

14.1 KB

Accession

0001170961-12-000008

Insider Transaction Report

Form 4
Period: 2012-05-01
Becker Allan R
Sr VP, Chief Actuary
Transactions
  • Disposition to Issuer

    Stock Option (Right-to-Buy)

    2012-05-01$23.49/sh9,175$215,5210 total
    Exercise: $36.51Common Stock (9,175 underlying)
  • Disposition to Issuer

    Stock Option (Right-to-Buy)

    2012-05-01$26.06/sh12,955$337,6070 total
    Exercise: $33.94Common Stock (12,955 underlying)
  • Disposition to Issuer

    Common Stock

    2012-05-01$60.00/sh19,551$1,173,0600 total
  • Disposition to Issuer

    RSU (Performance-based)

    2012-05-01$60.00/sh2,085$125,1000 total
    Exercise: $0.00Common Stock (2,085 underlying)
  • Disposition to Issuer

    Stock Option (Right-to-Buy)

    2012-05-01$30.82/sh4,189$129,1050 total
    Exercise: $29.18Common Stock (4,189 underlying)
Footnotes (4)
  • [F1]Total includes 49.095 shares acquired January 14, 2012 from participation in the Harleysville Group Inc. Employee Stock Purchase 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 Harleysvile 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 RSUs vested at target at the effective time of the Subsidiary Merger and were then cancelled and converted into the right to receive a cash payment of $60.00 per share.
  • [F4]At the time of the Subsidiary Merger, all stock options vested, 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.

Issuer

HARLEYSVILLE GROUP INC

CIK 0000792013

Entity typeother

Related Parties

1
  • filerCIK 0001340383

Filing Metadata

Form type
4
Filed
May 2, 8:00 PM ET
Accepted
May 3, 2:34 PM ET
Size
14.1 KB