Clavell Luis A 4
4 · TRIPLE-S MANAGEMENT CORP · Filed Dec 31, 2019
Insider Transaction Report
Form 4
Clavell Luis A
Director
Transactions
- Purchase
Class B Common Stock
2019-12-30$18.97/sh+1,288$24,433→ 52,557 total
Footnotes (1)
- [F1]The amount of securities beneficially owned reported in Column 5 includes 2,491 Class B Common Stock shares received by the reporting person pursuant to a share dividend issued by Triple-S Management Corporation ("TSM")to all Class B Common Stock shareholders on August 6, 2019. The increase in the number of shares owned by a reporting person as a result of a share dividend is exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Act), under Rule 16a-9 of the Act. As a result, such shares were not required to be reported and were not reported on a Form 4 at the time of the share dividend.