Home/Filings/4/0001194794-11-000043
4//SEC Filing

NABERS DRAYTON JR 4

Accession 0001194794-11-000043

CIK 0001127703other

Filed

May 17, 8:00 PM ET

Accepted

May 18, 7:01 PM ET

Size

5.8 KB

Accession

0001194794-11-000043

Insider Transaction Report

Form 4
Period: 2011-05-18
Transactions
  • Award

    Common Stock

    2011-05-18$69.36/sh+807$55,9747,587 total
Holdings
  • Common Stock

    (indirect: By 401(k))
    80
Footnotes (1)
  • [F1]As disclosed on Page 51 of our 2011 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 page 16 of our 2010 Proxy Statement). In 2011 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 18, 2011 was $69.36, resulting in a distribution to each non-management director of 807 shares.

Issuer

PROASSURANCE CORP

CIK 0001127703

Entity typeother

Related Parties

1
  • filerCIK 0001181820

Filing Metadata

Form type
4
Filed
May 17, 8:00 PM ET
Accepted
May 18, 7:01 PM ET
Size
5.8 KB