SEC Form 5 · accession 0001209191-15-013570
MARKEL GROUP INC. · MKL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerard Albanese Jr.
Officer — EVP & Chief Underwriting Off.
Period of report
Dec 31, 2014
Accepted (ET)
Feb 13, 2015 · 4:31 pm EST
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 | Dec 10, 2014 | G | 200 | $0.00 | D | 15,568 | D | |
| Common StockF2,F3 | holding | — | — | — | 797 | I | 401(K) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The total includes 3,805 and 1,841 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 and December 31, 2018, respectively; 890 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; 2,224 and 719 restricted stock units granted pursuant to the Markel Corporation Omnibus Incentive Plan that will vest, subject to certain conditions, on May 10, 2015 and December 31, 2015, respectively.
- F2Update of year-end 401(K) Plan holdings.
- F3Holdings under the Markel Corporation 401(K) Plan are reported in units. The information reported herein is based on a plan statement dated as of December 31, 2014 and utilizes the closing stock price on that date of $682.84 per share. As of December 31, 2014, a unit under the Plan represented one share of Common Stock.