Moloney Lawrence J. 4
4 · National General Holdings Corp. · Filed Feb 28, 2020
Insider Transaction Report
Form 4
Moloney Lawrence J.
Chief Accounting Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-02-26−760→ 760 total→ Common Stock, $.01 par value (760 underlying) - Exercise/Conversion
Common Stock, $.01 par value
2020-02-26+760→ 1,419 total - Tax Payment
Common Stock, $.01 par value
2020-02-26−301→ 1,118 total - Exercise/Conversion
Common Stock, $.01 par value
2020-02-26+625→ 1,743 total - Tax Payment
Common Stock, $.01 par value
2020-02-26−248→ 1,495 total - Exercise/Conversion
Restricted Stock Units
2020-02-26−625→ 1,250 total→ Common Stock, $.01 par value (625 underlying)
Footnotes (7)
- [F1]Acquisition of common stock resulting from vesting of one-third of the restricted stock units granted to Mr. Moloney on February 26, 2018.
- [F2]Disposition of common stock resulting from the withholding of securities for the payment of tax liability relating to the vesting of one-third of the restricted stock units granted to Mr. Moloney on February 26, 2018.
- [F3]Acquisition of common stock resulting from vesting of one-third of the restricted stock units granted to Mr. Moloney on February 26, 2019.
- [F4]Disposition of common stock resulting from the withholding of securities for the payment of tax liability relating to the vesting of one-third of the restricted stock units granted to Mr. Moloney on February 26, 2019.
- [F5]Each restricted stock unit represents a contingent right to receive one share of National General Holdings Corp.'s common stock.
- [F6]On February 26, 2018, Mr. Moloney received restricted stock units representing 2,280 shares subject to a three-year vesting schedule, vesting 33 1/3% on the first, second and third 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.
- [F7]On February 26, 2019, Mr. Moloney received restricted stock units representing 1,875 shares subject to a three-year vesting schedule, vesting 33 1/3% on the first, second and third 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.