4//SEC Filing
LONGO CHRISTOPHER 4
Accession 0001365555-18-000188
CIK 0001365555other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 4:08 PM ET
Size
14.7 KB
Accession
0001365555-18-000188
Insider Transaction Report
Form 4
LONGO CHRISTOPHER
Chief Information Officer
Transactions
- Disposition to Issuer
Restricted Stock Units
2018-11-29−5,568→ 0 total→ Common Stock (5,568 underlying) - Disposition to Issuer
Common Stock
2018-11-29$14.75/sh−662,993$9,779,147→ 0 total - Disposition to Issuer
Restricted Stock Units
2018-11-29−8,052→ 0 total→ Common Stock (8,052 underlying) - Disposition to Issuer
Restricted Stock Units
2018-11-29−26,105→ 0 total→ Common Stock (26,105 underlying) - Disposition to Issuer
Restricted Stock Units
2018-11-29−13,602→ 0 total→ Common Stock (13,602 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. Longo 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. Longo 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. Longo received restricted stock units subject to a four-year vesting schedule, vesting 25% annually on the first, second, third and fourth March 5th following the grant date.
- [F7]On March 27, 2018, Mr. Longo received restricted stock units subject to a four-year vesting schedule, vesting 25% annually on the first, second, third and fourth March 5th following the grant date.
Documents
Issuer
Amtrust Financial Services, Inc.
CIK 0001365555
Entity typeother
Related Parties
1- filerCIK 0001418198
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 4:08 PM ET
- Size
- 14.7 KB