4//SEC Filing
MARSHALECK JOHN 4
Accession 0001578735-21-000024
CIK 0001578735other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 5:15 PM ET
Size
7.8 KB
Accession
0001578735-21-000024
Insider Transaction Report
Form 4
MARSHALECK JOHN
Director
Transactions
- Disposition to Issuer
Common Stock, $.01 par value
2021-01-04−9,500→ 0 total - Disposition to Issuer
Restricted Stock Units
2021-01-04−1,500→ 0 total→ Common Stock, $.01 par value (1,500 underlying)
Footnotes (4)
- [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]When granted, each restricted stock unit represented a contingent right to receive one share of National General Holdings Corp.'s common stock.
- [F3]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.
- [F4]On April 29, 2020, Mr. Marshaleck received restricted stock units subject to a one-year vesting schedule, vesting on the first anniversary of the grant date.
Documents
Issuer
National General Holdings Corp.
CIK 0001578735
Entity typeother
Related Parties
1- filerCIK 0001460245
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 5:15 PM ET
- Size
- 7.8 KB