SAKS DAVID 4
4 · Amtrust Financial Services, Inc. · Filed Mar 28, 2018
Insider Transaction Report
Form 4
SAKS DAVID
CHIEF LEGAL OFFICER
Transactions
- Award
Restricted Stock Units
2018-03-27+22,089→ 22,089 total→ Common Stock (22,089 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 March 27, 2018, Mr. Saks 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.