Fallon Patrick 4
4 · National General Holdings Corp. · Filed May 7, 2020
Insider Transaction Report
Form 4
Fallon Patrick
Director
Transactions
- Exercise/Conversion
Common Stock, $.01 par value
2020-05-06+1,500→ 7,000 total - Exercise/Conversion
Restricted Stock Units
2020-05-06−1,500→ 0 total→ Common Stock, $.01 par value (1,500 underlying)
Footnotes (3)
- [F1]Acquisition of common stock resulting from vesting of the restricted stock units granted to Mr. Fallon on May 6, 2019.
- [F2]Each restricted stock unit represents a contingent right to receive one share of National General Holdings Corp.'s common stock.
- [F3]On May 6, 2019, Mr. Fallon received restricted stock units representing 1,500 shares subject to a one-year vesting schedule, vesting on the first anniversary 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.