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4//SEC Filing

SAFETY INSURANCE GROUP INC 4

Accession 0001179110-14-005191

$SAFTCIK 0001172052operating

Filed

Mar 12, 8:00 PM ET

Accepted

Mar 13, 7:51 PM ET

Size

13.5 KB

Accession

0001179110-14-005191

Insider Transaction Report

Form 4
Period: 2014-03-11
PATRICK N EDWARD JR
VP - Underwriting
Transactions
  • Award

    Common Stock

    2014-03-11+62188,365 total
  • Tax Payment

    Common Stock

    2014-03-12$53.80/sh1,033$55,57088,042 total
  • Tax Payment

    Common Stock

    2014-03-13$53.50/sh1,186$63,45585,769 total
  • Award

    Common Stock

    2014-03-11+71089,075 total
  • Sale

    Common Stock

    2014-03-12$53.80/sh1,087$58,47586,955 total
  • Sale

    common stock

    2014-03-13$53.50/sh1,249$66,82584,520 total
Footnotes (6)
  • [F1]Represents restricted stock awards effective March 11, 2014, with respect to which sale or transfer rights shall vest over three years with installments of 30% on March 11, 2015, 30% on March 11, 2016, and the remaining 40% on March 11, 2017, provided the grantee is still an employee of Safety Insurance Group, Inc. on such dates.
  • [F2]Represents restricted stock awards granted effective March 11, 2014 with respect to which sale or transfer rights will vest over a three-year performance period commencing on January 1, 2013 and ending on December 31, 2016. Vesting of these shares is dependent upon the attainment of pre-established performance objectives, and any difference between shares granted and shares earned at the end of the performance period will be reported at the conclusion of the performance period in 2017.
  • [F3]Represents securities delivered in payment of a tax liability with respect to vesting of securities issued in accordance with Rule 16b-3.
  • [F4]Represents the weighted average sale price of multiple open market same day sales with prices ranging from $53.50 to $54.25 per share. Full information regarding the number of shares sold at each separate price will be provided to the Securities and Exchange Commission or a security holder of the issuer upon request.
  • [F5]Represents the weighted average sale price of multiple open market same day sales with prices ranging from $53.45 to $53.81 per share. Full information regarding the number of shares sold at each separate price will be provided to the Securities and Exchange Commission or a security holder of the issuer upon request.
  • [F6]Represents securities with respect to vesting of securities issued in accordance with Rule 16b-3.

Issuer

SAFETY INSURANCE GROUP INC

CIK 0001172052

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001172052

Filing Metadata

Form type
4
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 7:51 PM ET
Size
13.5 KB