MARKEL CORP 4
4 · MARKEL CORP · Filed Feb 21, 2014
Insider Transaction Report
Form 4
MARKEL CORPMKL
Albanese Gerard JR
Sr VP-Chief Underwriting Off
Transactions
- Award
Common Stock
2014-02-19+1,841→ 15,768.31 total - Tax Payment
Common Stock
2013-12-02$559.51/sh−115$64,344→ 13,927.31 total
Holdings
- 783.596(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Restricted stock units awarded pursuant to the Markel Corporation 2012 Equity Incentive Compensation Plan that will vest, subject to certain conditions, on December 31, 2018.
- [F2]In addition to the award of 1,841 restricted stock units reported on this Form 4, the total includes 3,805 restricted stock units granted pursuant to the Markel Corporation 2012 Equity Incentive Compensation Plan that will vest, subject to certain conditions, on May 13, 2016; 890 restricted stock units granted pursuant to the Markel Corporation 2012 Equity Incentive Compensation Plan and the Markel Corporation Omnibus Incentive Plan, as applicable, that will vest, subject to certain conditions, on December 31, 2017; 2,224 restricted stock units granted pursuant to the Markel Corporation Omnibus Incentive Plan that will vest, subject to certain conditions, on May 10, 2015; and 719 restricted stock units granted pursuant to the Markel Corporation Omnibus Incentive Plan that will vest, subject to certain conditions, on December 31, 2015.
- [F3]Holdings under the Markel Corporation 401(K) Plan are reported in units. The information reported herein is based on a plan statement dated as of December 31, 2013 and utilizes the closing stock price on that date of $580.35 per share. As of December 31, 2013, a unit under the Plan represented one share of Common Stock.
- [F4]This entry reflects the payment of tax liability associated with the vesting of 347 restricted stock units on December 2, 2013.