Home/Filings/4/0001194794-10-000037
4//SEC Filing

NABERS DRAYTON JR 4

Accession 0001194794-10-000037

CIK 0001127703other

Filed

May 18, 8:00 PM ET

Accepted

May 19, 5:59 PM ET

Size

6.2 KB

Accession

0001194794-10-000037

Insider Transaction Report

Form 4
Period: 2010-05-19
Transactions
  • Award

    Common Stock

    2010-05-19$59.81/sh+936$55,9826,779 total
Holdings
  • Common Stock

    (indirect: By 401(k))
    80
Footnotes (1)
  • [F1]As disclosed on Page 40 of our 2010 Proxy Statement, non-management directors of ProAssurance receive a grant of ProAssurance stock as part of their compensation package each year, IF such a grant is recommended by the Compensation Committee, which is composed entirely independent directors (as disclosed on pages 6 and 12 of our 2010 Proxy Statement). In 2010 the recommended and approved stock compensation grant was for shares having a value of $56,000. The number of whole shares is determined using the closing price of a share of stock on the New York Stock Exchange (NYSE) on the day of the Board of Directors meeting following the Annual Meeting of Shareholders. The NYSE closing price on May 19, 2010 was $59.81, resulting in a distribution to each non-management director of 936 shares.

Issuer

PROASSURANCE CORP

CIK 0001127703

Entity typeother

Related Parties

1
  • filerCIK 0001181820

Filing Metadata

Form type
4
Filed
May 18, 8:00 PM ET
Accepted
May 19, 5:59 PM ET
Size
6.2 KB