Caviet Max G 4
4 · Amtrust Financial Services, Inc. · Filed Sep 11, 2017
Insider Transaction Report
Form 4
Caviet Max G
President of Subsidiary
Transactions
- Tax Payment
Common Stock
2017-09-09$11.72/sh−6,769$79,333→ 411,498 total - Exercise/Conversion
Restricted Stock Units
2017-09-09−14,402→ 0 total→ Common Stock (14,402 underlying) - Exercise/Conversion
Common Stock
2017-09-09+14,402→ 418,267 total
Footnotes (4)
- [F1]Acquisition of common stock resulting from the vesting of one-fourth of the restricted stock units granted to Mr. Caviet on September 9, 2013.
- [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. Caviet on September 9, 2013.
- [F3]Each restricted stock unit represents a contingent right to receive one share of AmTrust Financial Services, Inc.'s common stock.
- [F4]On September 9, 2013, Mr. Caviet received restricted stock units subject to a four-year vesting schedule, vesting 25% on each of 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.