Basch Saul L 4
4 · NAVIGATORS GROUP INC · Filed May 23, 2019
Insider Transaction Report
Form 4
Basch Saul L
Director
Transactions
- Disposition to Issuer
Common Stock
2019-05-23$70.00/sh−8,905$623,350→ 0 total
Footnotes (2)
- [F1]On May 23, 2019, The Hartford Financial Services Group, Inc. ("The Hartford") acquired the issuer pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of August 22, 2018, by and among the Issuer, The Hartford and Renato Acquisition Co., a wholly owned subsidiary of The Hartford.
- [F2]Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of common stock of the Issuer, par value $0.10 per share issued and outstanding immediately prior to the Effective Time was converted into the right to receive $70.00 in cash, without interest.