4//SEC Filing
State National Companies, Inc. 4
Accession 0001179110-16-022376
CIK 0001610793operating
Filed
Mar 28, 8:00 PM ET
Accepted
Mar 29, 5:43 PM ET
Size
9.9 KB
Accession
0001179110-16-022376
Insider Transaction Report
Form 4
Ledbetter Lonnie Kossuth III
EVP of Service
Transactions
- Award
Common Stock
2016-03-25+11,119→ 12,891 total
Holdings
- 1,531,656(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Represents 7,413 shares of restricted stock granted on March 25, 2016 that are subject to performance-based vesting tied to growth rate of earnings per share and revenue measured against certain financial goals for the 24-month period consisting of calendar years 2016-2017 and the 36-month period consisting of calendar years 2016-2018, and 3,706 shares of restricted stock granted on March 25, 2016 that are subject to performance-based vesting based on 2016 net income and continued service, vesting 33 1/3% of the original award in each of the three anniversaries following the grant date.
- [F2]Represents 1,531,656 shares of common stock beneficially owned by Lonnie K. Ledbetter III, consisting of the following: (i) 883,536 shares held by the following trusts for which Lonnie K. Ledbetter III serves as sole trustee and over which shares he has sole voting power and shared dispositive power with an independent trustee: (A) 220,884 shares held by the Lonnie K. Ledbetter III 2006 Grantor Trust No. 2; (B) 441,768 shares held by the Kendall Kaye Ledbetter 2010 Grantor Trust No. 2; and (C) 220,884 shares held by the Lonnie K. Ledbetter III 2010 Grantor Trust No. 2; and (ii) 648,120 shares held by the Bradford Luke Ledbetter 1999 Grantor Trust No. 2 for which he serves as co-trustee with Bradford Luke Ledbetter, with whom he shares voting and dispositive power over such shares.
Issuer
State National Companies, Inc.
CIK 0001610793
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001610793
Filing Metadata
- Form type
- 4
- Filed
- Mar 28, 8:00 PM ET
- Accepted
- Mar 29, 5:43 PM ET
- Size
- 9.9 KB