4//SEC Filing
Caviet Max G 4
Accession 0001365555-18-000182
CIK 0001365555other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 9:26 AM ET
Size
14.7 KB
Accession
0001365555-18-000182
Insider Transaction Report
Form 4
Caviet Max G
President of Subsidiary
Transactions
- Disposition to Issuer
Restricted Stock Units
2018-11-29−29,848→ 0 total→ Common Stock (29,848 underlying) - Disposition to Issuer
Common Stock
2018-11-29$14.75/sh−426,551$6,291,627→ 0 total - Disposition to Issuer
Restricted Stock Units
2018-11-29−16,194→ 0 total→ Common Stock (16,194 underlying) - Disposition to Issuer
Restricted Stock Units
2018-11-29−7,952→ 0 total→ Common Stock (7,952 underlying) - Disposition to Issuer
Restricted Stock Units
2018-11-29−9,237→ 0 total→ Common Stock (9,237 underlying)
Footnotes (7)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of March 1, 2018 and amended as of June 6, 2018, by and among AmTrust Financial Services, Inc., Evergreen Parent, L.P. and Evergreen Merger Sub, Inc. (the "Merger Agreement") in exchange for $14.75 per share in cash, without interest, less any applicable withholding taxes (the "Merger Consideration").
- [F2]When granted, each restricted stock unit represented a contingent right to receive one share of AmTrust Financial Services, Inc.'s common stock.
- [F3]Pursuant to the Merger Agreement, each outstanding restricted stock unit was canceled and converted into a right to receive on the vesting date originally applicable to such restricted stock unit, subject to the terms applicable to such restricted stock unit, a cash payment, without interest, equal to the Merger Consideration, multiplied by the number of restricted stock units vesting on that vesting date.
- [F4]On March 5, 2015, 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.
- [F5]On March 5, 2016, Mr. Caviet 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.
- [F6]On April 5, 2017, Mr. Caviet 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.
- [F7]On March 27, 2018, Mr. Caviet 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.
Documents
Issuer
Amtrust Financial Services, Inc.
CIK 0001365555
Entity typeother
Related Parties
1- filerCIK 0001381044
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 9:26 AM ET
- Size
- 14.7 KB