Saxon Michael J 4
4 · Amtrust Financial Services, Inc. · Filed Mar 7, 2018
Insider Transaction Report
Form 4
Saxon Michael J
Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2018-03-05$12.80/sh−3,048$39,014→ 542,070 total - Exercise/Conversion
Common Stock
2018-03-05+9,172→ 545,118 total - Exercise/Conversion
Common Stock
2018-03-05+6,498→ 548,568 total - Tax Payment
Common Stock
2018-03-05$12.80/sh−2,130$27,264→ 546,438 total - Exercise/Conversion
Common Stock
2018-03-05+6,802→ 553,240 total - Tax Payment
Common Stock
2018-03-05$12.80/sh−2,230$28,544→ 551,010 total - Exercise/Conversion
Common Stock
2018-03-05+2,891→ 553,901 total - Tax Payment
Common Stock
2018-03-05$12.80/sh−948$12,134→ 552,953 total - Exercise/Conversion
Restricted Stock Units
2018-03-05−9,172→ 0 total→ Common Stock (9,172 underlying) - Exercise/Conversion
Restricted Stock Units
2018-03-05−6,498→ 6,496 total→ Common Stock (6,498 underlying) - Exercise/Conversion
Restricted Stock Units
2018-03-05−6,802→ 13,602 total→ Common Stock (6,802 underlying) - Exercise/Conversion
Restricted Stock Units
2018-03-05−2,891→ 8,672 total→ Common Stock (2,891 underlying)
Footnotes (13)
- [F1]Acquisition of common stock resulting from the vesting of one-fourth of the restricted stock units granted to Mr. Saxon on March 5, 2014.
- [F10]On March 5, 2014, Mr. Saxon received restricted stock units subject to a four-year vesting schedule, vesting one-fourth 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.
- [F11]On March 5, 2015, Mr. Saxon received restricted stock units subject to a four-year vesting schedule, vesting one-fourth 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.
- [F12]On March 5, 2016, Mr. Saxon received restricted stock units subject to a four-year vesting schedule, vesting one-fourth 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.
- [F13]On April 5, 2017, Mr. Saxon received restricted stock units subject to a four-year vesting schedule, vesting 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
- [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. Saxon on March 5, 2014.
- [F3]Acquisition of common stock resulting from the vesting of one-fourth of the restricted stock units granted to Mr. Saxon on March 5, 2015.
- [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. Saxon on March 5, 2015.
- [F5]Acquisition of common stock resulting from the vesting of one-fourth of the restricted stock units granted to Mr. Saxon on March 5, 2016.
- [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. Saxon on March 5, 2016.
- [F7]Acquisition of common stock resulting from the vesting of one-fourth of the restricted stock units granted to Mr. Saxon on April 5, 2017.
- [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. Saxon on April 5, 2017.
- [F9]Each restricted stock unit represents a contingent right to receive one share of AmTrust Financial Services, Inc.'s common stock.