Amtrust Financial Services, Inc. 4
4 · Amtrust Financial Services, Inc. · Filed Apr 6, 2017
Insider Transaction Report
Form 4
Saxon Michael J
Chief Operating Officer
Transactions
- Award
Restricted Stock Units
2017-04-05+11,563→ 11,563 total→ Common Stock (11,563 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of AmTrust Financial Services, Inc.'s common stock.
- [F2]On April 5, 2017, Mr. Saxon received restricted stock units that will vest one-fourth on each March 5th of the first, second, third and fourth years following the grant date. As restricted stock units vest, the vested units are automatically converted to vested common stock on a one-for-one basis on the vesting date