Home/Filings/4/0001704084-23-000072
4//SEC Filing

COBARRUBIAS FABILOA 4

Accession 0001704084-23-000072

CIK 0001127703other

Filed

May 23, 8:00 PM ET

Accepted

May 24, 5:13 PM ET

Size

5.2 KB

Accession

0001704084-23-000072

Insider Transaction Report

Form 4
Period: 2023-05-24
Transactions
  • Award

    Common Stock

    2023-05-24$12.72/sh+7,468$94,99314,563 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 12 of our 2023 Proxy Statement), and was approved by our Board of Directors at its meeting on May 24, 2023. This year, the recommended and approved stock compensation grant was for shares having a value not to exceed $95,000. 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 24, 2023 was $12.72, resulting in a distribution to each non-management director of 7,468 shares.

Issuer

PROASSURANCE CORP

CIK 0001127703

Entity typeother

Related Parties

1
  • filerCIK 0001862104

Filing Metadata

Form type
4
Filed
May 23, 8:00 PM ET
Accepted
May 24, 5:13 PM ET
Size
5.2 KB