AMERICAN NATIONAL INSURANCE CO /TX/ 4
4 · AMERICAN NATIONAL INSURANCE CO /TX/ · Filed Mar 5, 2014
Insider Transaction Report
Form 4
Welch Ronald Jay
See Remarks
Transactions
- Award
Restricted Stock Units
2014-03-03+3,135→ 3,135 totalFrom: 2015-03-01Exp: 2017-03-01→ Common Stock (3,135 underlying) - Exercise/Conversion
Common Stock
2014-03-03+2,425→ 7,569 total - Tax Payment
Common Stock
2014-03-03$113.49/sh−664$75,357→ 6,905 total - Exercise/Conversion
Restricted Stock Units
2014-03-03−1,124→ 1,124 totalFrom: 2013-03-01Exp: 2015-03-01→ Common Stock (1,124 underlying) - Exercise/Conversion
Restricted Stock Units
2014-03-03−1,301→ 2,602 totalFrom: 2014-03-01Exp: 2016-03-01→ Common Stock (1,301 underlying)
Footnotes (6)
- [F1]This transaction represents the settlement of vested restricted stock units in shares of common stock.
- [F2]Shares withheld at the election of Reporting Person to satisfy applicable tax obligations.
- [F3]Each restricted stock unit represents a contingent right to receive, upon vesting, one share of Issuer's common stock or, at the election of the reporting person, cash in an amount equal to the closing price of such stock on the date of vesting.
- [F4]These restricted stock units vest in three substantially equal annual installments, beginning March 1, 2013, or upon the reporting person's earlier retirement, death or disability.
- [F5]These restricted stock units vest in three substantially equal annual installments, beginning March 1, 2014, or upon the reporting person's earlier retirement, death or disability.
- [F6]These restricted stock units vest in three substantially equal annual installments, beginning March 1, 2015, or upon the reporting person's earlier retirement, death or disability.