SEC Form 4 · accession 0001301106-15-000071
National Interstate CORP · NATL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julie A McGraw
Officer — VP & Chief Financial Officer
Period of report
Aug 20, 2015
Accepted (ET)
Aug 24, 2015 · 5:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001301106
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares ($.01 par value) | Aug 20, 2015 | M | 400 | $21.81 | A | 4,721 | D | |
| Common Shares ($.01 par value) | Aug 20, 2015 | S | 400 | $28.11 | D | 4,321 | D | |
| Common Shares ($.01 par value) | Aug 21, 2015 | M | 29,880 | $21.81 | A | 34,201 | D | |
| Common Shares ($.01 par value)F1 | Aug 21, 2015 | S | 29,880 | $27.89 | D | 4,321 | D | |
| Common Shares ($.01 par value) | holding | — | — | — | 200 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F2 | $21.81 | Aug 20, 2015 | M | 400 | D | Jan 1, 2007 | Jan 9, 2016 | Common Shares ($.01 par value) | 400 | 39,400 | D |
| Option (Right to Buy)F2 | $21.81 | Aug 21, 2015 | M | 29,880 | D | Jan 1, 2007 | Jan 9, 2016 | Common Shares ($.01 par value) | 29,880 | 9,520 | D |
Explanation of responses
- F1The price reported represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.82 to $28.11. The reporting person undertakes to provide to National Interstate Corporation ("NATL"), any security holder of NATL, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F2Options vested 20% per year each January 1, beginning January 1, 2007.