Amtrust Financial Services, Inc. 4
4 · Amtrust Financial Services, Inc. · Filed May 25, 2017
Insider Transaction Report
Form 4
Karkowsky Adam
Senior Vice President
Transactions
- Tax Payment
Common Stock
2017-05-23$12.18/sh−3,520$42,874→ 35,621 total - Exercise/Conversion
Restricted Stock Units
2017-05-23−6,824→ 0 total→ Common Stock (6,824 underlying) - Exercise/Conversion
Restricted Stock Units
2017-05-23−11,064→ 11,064 total→ Common Stock (11,064 underlying) - Exercise/Conversion
Common Stock
2017-05-23+7,310→ 48,289 total - Tax Payment
Common Stock
2017-05-23$12.18/sh−3,770$45,919→ 44,519 total - Exercise/Conversion
Common Stock
2017-05-23+9,557→ 54,076 total - Tax Payment
Common Stock
2017-05-23$12.18/sh−4,929$60,035→ 49,147 total - Exercise/Conversion
Restricted Stock Units
2017-05-23−7,310→ 14,616 total→ Common Stock (7,310 underlying) - Exercise/Conversion
Restricted Stock Units
2017-05-23−9,557→ 28,670 total→ Common Stock (9,557 underlying) - Exercise/Conversion
Common Stock
2017-05-23+6,824→ 39,141 total - Exercise/Conversion
Common Stock
2017-05-23+11,064→ 46,685 total - Tax Payment
Common Stock
2017-05-23$12.18/sh−5,706$69,499→ 40,979 total
Footnotes (13)
- [F1]Acquisition of common stock resulting from the vesting of one-fourth of the restricted stock units granted to Mr. Karkowsky on May 23, 2013.
- [F10]On May 23, 2013, Mr. Karkowsky received restricted stock units subject to a four-year vesting schedule, vesting 25% on the first, second, third and fourth anniversaries of 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.
- [F11]On May 23, 2014, Mr. Karkowsky received restricted stock units subject to a four-year vesting schedule, vesting 25% on the first, second, third and fourth anniversaries of 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.
- [F12]On May 23, 2015, Mr. Karkowsky received restricted stock units subject to a four-year vesting schedule, vesting 25% on the first, second, third and fourth anniversaries of 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.
- [F13]On May 23, 2016, Mr. Karkowsky received restricted stock units subject to a four-year vesting schedule, vesting 25% on the first, second, third and fourth anniversaries of the grant date. As restricted stock units vest, the vested units are converted to vested common stock on a one-for-one basis on the vesting date.
- [F2]Disposition of common stock resulting from the withholding of securities for the payment of tax liability relating to the vesting of one-fourth of the restricted stock units granted to Mr. Karkowsky on May 23, 2013.
- [F3]Acquisition of common stock resulting from the vesting of one-fourth of the restricted stock units granted to Mr. Karkowsky on May 23, 2014.
- [F4]Disposition of common stock resulting from the withholding of securities for the payment of tax liability relating to the vesting of one-fourth of the restricted stock units granted to Mr. Karkowsky on May 23, 2014.
- [F5]Acquisition of common stock resulting from the vesting of one-fourth of the restricted stock units granted to Mr. Karkowsky on May 23, 2015.
- [F6]Disposition of common stock resulting from the withholding of securities for the payment of tax liability relating to the vesting of one-fourth of the restricted stock units granted to Mr. Karkowsky on May 23, 2015.
- [F7]Acquisition of common stock resulting from the vesting of one-fourth of the restricted stock units granted to Mr. Karkowsky on May 23, 2016.
- [F8]Disposition of common stock resulting from the withholding of securities for the payment of tax liability relating to the vesting of one-fourth of the restricted stock units granted to Mr. Karkowsky on May 23, 2016.
- [F9]Each restricted stock unit represents a contingent right to receive one share of AmTrust Financial Services, Inc.'s common stock.