SEC Form 4 · accession 0001179110-15-003618
SAFETY INSURANCE GROUP INC · SAFT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Murphy
Officer — VP - Marketing
Period of report
Feb 24, 2015
Accepted (ET)
Feb 27, 2015 · 4:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001172052
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 24, 2015 | A | 3,648 | $0.00 | A | 42,606 | D | |
| Common StockF2 | Feb 24, 2015 | A | 4,315 | $0.00 | A | 46,921 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted stock awards effective February 24, 2015, with respect to which sale or transfer rights shall vest over three years with installments of 30% on February 24, 2016, 30% on February 24, 2017, and the remaining 40% on February 24, 2018, provided the grantee meets certain employment conditions.
- F2Represents restricted stock awards granted effective February 24, 2015 with respect to which sale or transfer rights will vest over a three-year performance period commencing on January 1, 2015 and ending on December 31, 2017. Vesting of these shares is dependent upon the attainment of pre-established performance objectives, and any difference between shares granted and shares earned at the end of the performance period will be reported at the conclusion of the performance period in 2018.