SEC Form 4 · accession 0000011544-18-000067
BERKLEY W R CORP · WRB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William R Berkley
Officer — Executive Chairman · Director · 10% Owner
Period of report
Aug 6, 2018
Accepted (ET)
Aug 8, 2018 · 6:22 pm EDT
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 | Aug 6, 2018 | A | 32,148 | $0.00 | A | 4,842,630 | D | |
| Common StockF2,F3 | Aug 6, 2018 | F | 1,227 | $76.055 | D | 4,841,403 | D | |
| Common Stock | holding | — | — | — | 19,872,307 | I | By WR Berkley & Others LLC | |
| 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 the vesting of a tranche of performance-based restricted stock units ("RSUs") granted in 2015 under the W. R. Berkley Corporation 2018 Stock Incentive Plan (or its predecessor plan) for the three-year performance period ending June 30, 2018.
- F2Represents payment of tax liability by withholding securities incident to the vesting of performance-based RSUs.
- F3Includes 1,825,194 shares of common stock underlying RSUs, all of which have vested (the receipt of which has been deferred) and does not include unvested shares of common stock underlying performance-based RSUs.