Home/Filings/4/0001704084-20-000071
4//SEC Filing

VANCE KATISHA TERRELL 4

Accession 0001704084-20-000071

CIK 0001127703other

Filed

May 19, 8:00 PM ET

Accepted

May 20, 5:12 PM ET

Size

5.2 KB

Accession

0001704084-20-000071

Insider Transaction Report

Form 4
Period: 2020-05-20
Transactions
  • Award

    Common Stock

    2020-05-20$14.21/sh+4,292$60,9898,712 total
Footnotes (1)
  • [F1]These shares are awarded under the ProAssurance Corporation Director Deferred Stock Compensation Plan and are exempt under Rule 16b-3. This grant was recommended by the Compensation Committee, which is composed entirely of independent directors (as disclosed on page 14 of our 2020 Proxy Statement), and was approved by our Board of Directors at its meeting on May 20, 2020. This year, the recommended and approved stock compensation grant was for shares having a value not to exceed $61,000. The number of whole shares is determined using the closing price of a share of stock on the New York Stock Exchange (NYSE) on the day of the Board of Directors meeting following the Annual Meeting of Shareholders. The NYSE closing price on May 20, 2020 was $14.21, resulting in a distribution to each non-management director of 4292 shares.

Issuer

PROASSURANCE CORP

CIK 0001127703

Entity typeother

Related Parties

1
  • filerCIK 0001704209

Filing Metadata

Form type
4
Filed
May 19, 8:00 PM ET
Accepted
May 20, 5:12 PM ET
Size
5.2 KB