4//SEC Filing
ADAMO VICTOR T 4
Accession 0001194794-12-000126
CIK 0001127703other
Filed
Dec 27, 7:00 PM ET
Accepted
Dec 28, 1:30 PM ET
Size
11.1 KB
Accession
0001194794-12-000126
Insider Transaction Report
Form 4
ADAMO VICTOR T
DirectorPresident
Transactions
- Gift
Common Stock
2012-12-28+21,000→ 21,000 total(indirect: By Trust) - Gift
Common Stock
2012-12-28−42,000→ 66,248 total - Gift
Common Stock
2012-12-28+21,000→ 21,000 total(indirect: By Trust)
Holdings
- 39
Restricted Stock Units
→ Common Stock (39 underlying) - 55
Restricted Stock Units
→ Common Stock (55 underlying)
Footnotes (3)
- [F1]Gift of Shares to Trusts Established to Benefit the Children of the Reporting Person
- [F2]Reflects two-for-one stock split paid December 27, 2012
- [F3]RSU's are equal in value to one share of Common Stock, are issued under the 2008 Equity Plan and acquired under terms of the ProAssurance Corporation 2011 Employee Stock Ownership Plan. The RSUs will vest upon the sooner of three years of continuous employment, termination of employment by reason of death or disability or for ''good reason," or a change of control of the Company. If a participant terminates employment more than twelve months but less than three years from the date of grant, the RSUs will partially vest based on the number of days that the participant was employed in the vesting period. Any RSUs that are unvested on termination of employment will be forfeited. In addition, if a participant withdraws shares purchased for his or her account, matching unvested RSUs will be forfeited. Upon vesting, we will pay the RSUs in shares of our Common Stock from those shares reserved for issuance under the 2008 Equity Plan. Value to be established upon vesting.
Documents
Issuer
PROASSURANCE CORP
CIK 0001127703
Entity typeother
Related Parties
1- filerCIK 0001194768
Filing Metadata
- Form type
- 4
- Filed
- Dec 27, 7:00 PM ET
- Accepted
- Dec 28, 1:30 PM ET
- Size
- 11.1 KB