SEC Form 4 · accession 0001096343-15-000039
MARKEL GROUP INC. · MKL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan I Kirshner
Officer — Chairman and CEO · Director
Period of report
May 11, 2015
Accepted (ET)
May 13, 2015 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001096343
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 11, 2015 | S | 2,667 | $779.96 | D | 28,037 | D | |
| Common StockF2 | holding | — | — | — | 966 | I | 401(K) Plan | |
| Common StockF2,F3 | holding | — | — | — | 268 | I | By Spouse - 401(K) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The total includes 3,805, 1,522 and 1,973 restricted stock units granted pursuant to the Markel Corporation 2012 Equity Incentive Compensation Plan that will vest, subject to certain conditions, on May 13, 2016, December 31, 2017 and December 31, 2018, respectively; and 1,417 restricted stock units granted pursuant to the Markel Corporation 2012 Equity Incentive Compensation Plan and the Markel Corporation Omnibus Incentive Plan, as applicable, that will vest, subject to certain conditions, on December 31, 2017.
- F2Holdings under the Markel Corporation 401(K) Plan are reported in units. The information reported herein is based on a plan statement dated as of March 31, 2015 and utilizes the closing stock price on that date of $768.96 per share. As of March 31, 2015, a unit under the Plan represented one share of Common Stock.
- F3Beneficial ownership of securities is expressly disclaimed.