NAVIGATORS GROUP INC 4
4 · NAVIGATORS GROUP INC · Filed Mar 7, 2017
Insider Transaction Report
Form 4
Bach Carl L III
Managing Director NUAL (sub)
Transactions
- Award
Performance Units
2017-03-03+5,000→ 5,000 total→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]Each performance unit represents a contingent right to receive the closing price of one share of NAVG common stock as of the date of vesting.
- [F2]Performance units vesting on March 3, 2020, subject to the Reporting Person's continued employment. The number of performance units that will vest, which can range from 50% to 150% of the performance units reported on this Form 4, depends on the attainment of certain performance targets over a three-year period ending December 31, 2019.