4//SEC Filing
Weiner Michael Hal 4
Accession 0001578735-21-000016
CIK 0001578735other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 5:09 PM ET
Size
15.0 KB
Accession
0001578735-21-000016
Insider Transaction Report
Form 4
Weiner Michael Hal
Chief Financial Officer
Transactions
- Disposition to Issuer
Restricted Stock Units
2021-01-04−53,392→ 0 total→ Common Stock, $.01 par value (53,392 underlying) - Disposition to Issuer
Restricted Stock Units
2021-01-04−31,744→ 0 total→ Common Stock, $.01 par value (31,744 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2021-01-04−520,450→ 0 totalExercise: $10.50From: 2014-06-06Exp: 2023-06-06→ Common Stock, $.01 par value (520,450 underlying) - Disposition to Issuer
Common Stock, $.01 par value
2021-01-04−129,948→ 0 total - Disposition to Issuer
Restricted Stock Units
2021-01-04−10,554→ 0 total→ Common Stock, $.01 par value (10,554 underlying)
Footnotes (7)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of July 7, 2020, by and among National General Holdings Corp., The Allstate Corporation, and Bluebird Acquisition Corp. (the "Merger Agreement") in exchange for $32.00 per share in cash (the "Merger Consideration") plus a special dividend of $2.50 per share (the "Special Dividend," and together with the Merger Consideration, the "Total Consideration").
- [F2]Pursuant to the Merger Agreement, each outstanding option was canceled in exchange for a cash payment equal to the product of (a) the Total Consideration of $34.50 minus the exercise price per share of common stock underlying such option multiplied by (b) the number of shares of common stock underlying each such option, less any applicable withholding taxes.
- [F3]When granted, each restricted stock unit represented a contingent right to receive one share of National General Holdings Corp.'s common stock.
- [F4]Pursuant to the Merger Agreement, each outstanding restricted stock unit granted prior to July 7, 2020 was canceled in exchange for a cash payment equal to the Total Consideration of $34.50 multiplied by the number of shares of common stock underlying each such restricted stock unit, less any applicable withholding taxes.
- [F5]On February 26, 2018, Mr. Weiner received restricted stock units subject to a three-year vesting schedule, vesting 33 1/3% on the first, second and third anniversaries of the grant date.
- [F6]On February 26, 2019, Mr. Weiner received restricted stock units subject to a three-year vesting schedule, vesting 33 1/3% on the first, second and third anniversaries of the grant date.
- [F7]On February 20, 2020, Mr. Weiner received restricted stock units subject to a three-year vesting schedule, vesting 33 1/3% on the first, second and third anniversaries of the grant date.
Documents
Issuer
National General Holdings Corp.
CIK 0001578735
Entity typeother
Related Parties
1- filerCIK 0001591621
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 5:09 PM ET
- Size
- 15.0 KB