4//SEC Filing
PROASSURANCE CORP 4
Accession 0001194794-13-000096
$PRACIK 0001127703operating
Filed
Dec 10, 7:00 PM ET
Accepted
Dec 11, 6:19 PM ET
Size
13.7 KB
Accession
0001194794-13-000096
Insider Transaction Report
Form 4
NABERS DRAYTON JR
Director
Transactions
- Gift
Common Stock
2013-12-11$48.11/sh−3,108$149,526→ 11,417 total
Holdings
- 116
Restricted Stock Units
→ Common Stock (116 underlying) - 82
Restricted Stock Units
→ Common Stock (82 underlying) - 160(indirect: By 401(k))
Common Stock
- 114
Restricted Stock Units
→ Common Stock (114 underlying)
Footnotes (2)
- [F1]Shares gifted to a bona fide charity.
- [F2]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.
Issuer
PROASSURANCE CORP
CIK 0001127703
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001127703
Filing Metadata
- Form type
- 4
- Filed
- Dec 10, 7:00 PM ET
- Accepted
- Dec 11, 6:19 PM ET
- Size
- 13.7 KB