Bauer Angela K 4
4 · HARLEYSVILLE GROUP INC · Filed May 3, 2012
Insider Transaction Report
Form 4
Bauer Angela K
VP, Chief Accounting Officer
Transactions
- Disposition to Issuer
Stock Option (Right-to-Buy)
2012-05-01$25.24/sh−2,230$56,285→ 0 totalExercise: $34.76→ Common Stock (2,230 underlying) - Disposition to Issuer
Stock Option (Right-to-Buy)
2012-05-01$25.50/sh−3,080$78,540→ 0 totalExercise: $34.50→ Common Stock (3,080 underlying) - Disposition to Issuer
Stock Option (Right-to-Buy)
2012-05-01$30.82/sh−4,750$146,395→ 0 totalExercise: $29.18→ Common Stock (4,750 underlying) - Disposition to Issuer
Stock Option (Right-to-Buy)
2012-05-01$26.06/sh−4,385$114,273→ 0 totalExercise: $33.94→ Common Stock (4,385 underlying) - Disposition to Issuer
Common Stock
2012-05-01$60.00/sh−6,445$386,700→ 0 total
Footnotes (2)
- [F1]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.
- [F2]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.