Home/Filings/4/0001301106-16-000227
4//SEC Filing

National Interstate CORP 4

Accession 0001301106-16-000227

CIK 0001301106operating

Filed

Nov 13, 7:00 PM ET

Accepted

Nov 14, 6:45 PM ET

Size

7.3 KB

Accession

0001301106-16-000227

Insider Transaction Report

Form 4
Period: 2016-11-10
MCGRAW JULIE A
VP & Chief Financial Officer
Transactions
  • Disposition to Issuer

    Common Shares ($.01 par value)

    2016-11-10$32.00/sh4,582$146,6240 total
  • Disposition to Issuer

    Common Shares ($.01 par value)

    2016-11-10$32.00/sh965$30,8800 total(indirect: By Trust)
Footnotes (2)
  • [F1]Represents Restricted Shares. Disposed of pursuant to the Agreement and Plan of Merger, dated as of July 25, 2016, by and among Great American Insurance Company, GAIC Alloy, Inc., and National Interstate Corporation (the "Company"), as amended by Amendment No. 1, dated as of August 15, 2016 (the "Agreement and Plan of Merger"). Pursuant to the Agreement and Plan of Merger, effective as of November 10, 2016, these shares, whether vested or unvested, were automatically cancelled and converted into the the right to receive $32.00 per share in cash, less any required withholding taxes. In addition, the Company declared a special cash dividend of $0.50 per common share payable to shareholders of record immediately prior to the effective time of the merger.
  • [F2]Disposed of pursuant to the Agreement and Plan of Merger. Pursuant to the Agreement and Plan of Merger, effective as of November 10, 2016, the Company's common shares were automatically cancelled and converted into the the right to receive $32.00 per share in cash. In addition, the Company declared a special cash dividend of $0.50 per common share payable to shareholders of record immediately prior to the effective time of the merger.

Issuer

National Interstate CORP

CIK 0001301106

Entity typeoperating
IncorporatedOH

Related Parties

1
  • filerCIK 0001301106

Filing Metadata

Form type
4
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 6:45 PM ET
Size
7.3 KB