NAVIGATORS GROUP INC 4
4 · NAVIGATORS GROUP INC · Filed Feb 22, 2017
Insider Transaction Report
Form 4
Coward Stephen R
President, NavTech (division)
Transactions
- Award
Common Stock
2017-02-20+10,710→ 42,684 total - Tax Payment
Common Stock
2017-02-20$55.85/sh−5,034$281,149→ 37,650 total
Footnotes (4)
- [F1]Vesting of performance units grant.
- [F2]Excludes unvested shares of stock awards over which the Reporting Person does not have voting or dispositive control.
- [F3]Shares withheld to satisfy tax obligation arising out of vesting of performance units.
- [F4]On December 6, 2016, the Board of Directors of the Issuer declared a stock dividend, payable to all holders of record of common stock on December 30, 2016, of one share of common stock for each share of common stock outstanding. As a result, the reported amount of securities beneficially owned includes 15,987 shares that the Reporting Person received on January 20, 2017.