SEC Form 5 · accession 0001209191-15-013588
MARKEL GROUP INC. · MKL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Britton L. Glisson
Officer — Chief Administrative Officer
Period of report
Dec 31, 2014
Accepted (ET)
Feb 13, 2015 · 4:35 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 Stock | Nov 11, 2014 | G | 1,819 | $0.00 | D | 11,786 | D | |
| Common StockF1 | Dec 15, 2014 | G | 80 | $0.00 | D | 11,706 | D | |
| Common Stock | Dec 15, 2014 | G | 80 | $0.00 | D | 2,441 | I | By Spouse |
| Common StockF2 | Dec 23, 2014 | G | 81 | $0.00 | D | 2,360 | I | By Spouse |
| Common StockF3,F4 | holding | — | — | — | 1,372 | I | 401(K) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The total includes 761 and 877 restricted stock units awarded 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; 770 restricted stock units awarded 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; 1,668 restricted stock units granted pursuant to the Markel Corporation Omnibus Incentive Plan that will vest, subject to certain conditions, on May 10, 2015; and 960 restricted stock units granted pursuant to the Markel Corporation Omnibus Incentive Plan, of which 710 units will vest on December 31, 2015 and 250 units will vest on February 21, 2017.
- F2The balance reflects an acquisition of 1,819 shares gifted from Mr. Glisson's direct holdings.
- F3Update of year-end 401(K) Plan holdings.
- F4Holdings 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.