SAFETY INSURANCE GROUP INC·4

Mar 2, 8:26 PM ET

McKeown Ann Marie 4

4 · SAFETY INSURANCE GROUP INC · Filed Mar 2, 2021

Insider Transaction Report

Form 4
Period: 2021-02-24
McKeown Ann Marie
V.P Insurance Operations
Transactions
  • Award

    Common Stock

    2021-02-24+1,70323,172 total
  • Tax Payment

    Common Stock

    2021-02-26$81.30/sh400$32,52025,205 total
  • Other

    Common Stock

    2021-02-24+1,60026,876 total
  • Tax Payment

    Common Stock

    2021-02-26$79.65/sh1,071$85,30325,805 total
  • Tax Payment

    Common Stock

    2021-03-01$80.74/sh723$58,37424,482 total
  • Award

    Common Stock

    2021-02-24+2,10425,276 total
  • Tax Payment

    Common Stock

    2021-02-26$80.61/sh200$16,12225,605 total
Footnotes (8)
  • [F1]Represents restricted stock awards effective February 24, 2021, with respect to which sale or transfer rights shall vest over three years with installments of 30% on February 24, 2022, 30% on February 24, 2023, and the remaining 40% on February 24, 2024, provided the grantee meets certain employment conditions.
  • [F2]Represents restricted stock awards granted effective February 24, 2021 with respect to which sale or transfer rights will vest over a three-year performance period commencing on January 1, 2021 and ending on December 31, 2023. 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 2024.
  • [F3]Represents the difference between performance shares, with a three year performance period, that were granted on February 26, 2018 and actual shares earned at the end of the performance period on December 31, 2020. Final shares were approved by the Compensation Committee on February 24, 2021.
  • [F4]Represents securities delivered in payment of a tax liability with respect to vesting of securities issued in accordance with Rule 16b-3.
  • [F5]Represents the weighted average sale price of multiple open market same day sales with prices ranging from $79.14 to $80.00 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 the weighted average sale price of multiple open market same day sales with prices ranging from $80.16 to $81.06 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.
  • [F7]Represents the weighted average sale price of multiple open market same day sales with prices ranging from $81.21 to $81.34 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.
  • [F8]Represents the weighted average sale price of multiple open market same day sales with prices ranging from $80.27 to $81.12 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.

Documents

1 file
  • 4
    edgar.xmlPrimary

    FORM 4 -