State National Companies, Inc. 4
4 · State National Companies, Inc. · Filed Mar 29, 2016
Insider Transaction Report
Form 4
Pearson John M
EVP and National Sales Manager
Transactions
- Award
Common Stock
2016-03-25+12,355→ 12,455 total
Footnotes (1)
- [F1]Represents 8,237 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 4,118 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.