SEC Form 4 · accession 0000899243-18-018943
INFINITY PROPERTY & CASUALTY CORP · IPCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Teresa Alvarez Canida
Director
Period of report
Jul 2, 2018
Accepted (ET)
Jul 2, 2018 · 4:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001195933
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 2, 2018 | D | 8,847 | — | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the Agreement and Plan of Merger, dated as of February 13, 2018 (the "Merger Agreement"), by and among Kemper Corporation ("Kemper"), Vulcan Sub, Inc., a wholly owned subsidiary of Kemper ("Sub"), and Infinity Property and Casualty Corporation (the "Company"), effective as of the effective time of the merger of the Company and Sub, these shares of Company common stock, no par value per share, were converted into the right to receive, at the election of the stockholder, (i) $51.60 in cash and 1.2019 shares of common stock of Kemper, par value $0.01 per share ("Kemper Common Stock"), without interest and less any applicable withholding for taxes, (ii) $129.00 in cash, without interest and less any applicable withholding for taxes, or (iii) $49.58 in cash and 1.2332 shares of Kemper Common Stock, without interest and less any applicable withholding for taxes.