Bassett Jr H Clay 4
4 · NAVIGATORS GROUP INC · Filed Mar 7, 2018
Insider Transaction Report
Form 4
Bassett Jr H Clay
SVP&Chief Underwriting Officer
Transactions
- Award
Common Stock
2018-03-05+6,858→ 45,953 total - Tax Payment
Common Stock
2018-03-05$55.65/sh−3,066$170,623→ 42,887 total - Exercise/Conversion
Performance Units
2018-03-05−9,000→ 0 total→ Common Stock
Footnotes (5)
- [F1]Vesting of performance units grant, which was previously reported.
- [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]Vested in a range from 50% to 150% based on the attainment of certain performance targets over a three-year period ending December 31, 2017, which vesting is reported in this Form 4.
- [F5]The grant was previously reported as for 4,500 performance units, but was adjusted to reflect the stock dividend declared by the Board of Directors of the Issuer on December 6, 2016.