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4//SEC Filing

Nieman F. Kyle III 4

Accession 0001415889-18-000002

CIK 0001065201other

Filed

Jan 1, 7:00 PM ET

Accepted

Jan 2, 1:08 PM ET

Size

5.9 KB

Accession

0001415889-18-000002

Insider Transaction Report

Form 4
Period: 2018-01-01
Nieman F. Kyle III
President-CEO of Subsidiary
Transactions
  • Award

    Employee Stock Options

    2018-01-01+5,0005,000 total
    Exercise: $30.00From: 2018-01-01Exp: 2028-01-01Common Stock (5,000 underlying)
Footnotes (2)
  • [F1]The exercise price is equal to the net book value of the issuer's common stock as of December 31, 2018, which is currently estimated to be approximately $30.00 per share. The reporting person will amend this Form 4 if the actual net book value per share of the issuer's common stock, based on the issuer's audited financial statements as of and for the year ended December 31, 2017, differs from the amount estimated.
  • [F2]Options vest in five equal annual installments beginning on the first anniversary of the date of grant.

Issuer

AMERINST INSURANCE GROUP LTD

CIK 0001065201

Entity typeother

Related Parties

1
  • filerCIK 0001477723

Filing Metadata

Form type
4
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 1:08 PM ET
Size
5.9 KB