SEC Form 4 · accession 0000011544-15-000014
BERKLEY W R CORP · WRB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William R Berkley
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 2:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000011544
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 2, 2015 | F | 11,663 | $49.96 | D | 5,472,667 | D | |
| Common Stock | holding | — | — | — | 8,913,016 | I | By William R. Berkley LLC | |
| Common Stock | holding | — | — | — | 8,724,542 | I | By Berkley Peninsula LLC | |
| Common Stock | holding | — | — | — | 717,908 | I | By WR Berkley & Others LLC | |
| Common Stock | holding | — | — | — | 641,046 | I | By William R. Berkley 2013 GRAT No. 1 | |
| Common Stock | holding | — | — | — | 641,046 | I | By William R. Berkley 2013 GRAT No. 2 | |
| Common Stock | holding | — | — | — | 260,000 | I | By William R. Berkley 2011 GST Trust | |
| Common Stock | holding | — | — | — | 60,553 | I | By spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents payment of tax liability by withholding securities incident to the vesting of restricted stock units.
- F2Includes 1,804,000 restricted stock units, 1,554,000 of which have vested (the receipt of which has been deferred) and 250,000 of which are scheduled to vest on August 7, 2017. Also reflects the: (i) distribution to the reporting person of 358,954 shares of common stock from the William R. Berkley 2013 GRAT No. 1; (ii) distribution to the reporting person of 358,954 shares of common stock from the William R. Berkley 2013 GRAT No. 2; and (iii) transfer of 717,908 shares of common stock to WR Berkley & Others LLC, all of which actions were taken since the date of the reporting person's last report.