SEC Form 4 · accession 0001365555-15-000062
Amtrust Financial Services, Inc. · AFSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan Fisch
Director
Period of report
Mar 5, 2015
Accepted (ET)
Mar 6, 2015 · 4:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001365555
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 5, 2015 | M | 1,100 | $0.00 | A | 8,855 | D | |
| Common StockF2 | Mar 5, 2015 | M | 1,000 | $0.00 | A | 9,855 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Mar 5, 2015 | M | 1,100 | D | — | — | Common Stock | 1,100 | 1,100 | D |
| Restricted Stock UnitsF3,F5 | — | Mar 5, 2015 | M | 1,000 | D | — | — | Common Stock | 1,000 | 2,000 | D |
| Restricted Stock UnitsF3,F6 | — | Mar 5, 2015 | A | 557 | A | — | — | Common Stock | 557 | 557 | D |
Explanation of responses
- F1Acquisition of common stock resulting from the vesting of one-third of the restricted stock units granted to Ms. Fisch on March 5, 2013.
- F2Acquisition of common stock resulting from the vesting of one-third of the restricted stock units granted to Ms. Fisch on March 5, 2014.
- F3Each restricted stock unit represents a contingent right to receive one share of AmTrust Financial Services, Inc.'s common stock.
- F4On March 5, 2013, Ms. Fisch received restricted stock units subject to a three-year vesting schedule, vesting one-third on the first, second, and third anniversaries of the grant date. As restricted stock units vest, the vested units are automatically converted to vested common stock on a one-for-one basis on the vesting date.
- F5On March 5, 2014, Ms. Fisch received restricted stock units subject to a three-year vesting schedule, vesting one-third on the first, second, and third anniversaries of the grant date. As restricted stock units vest, the vested units are automatically converted to vested common stock on a one-for-one basis on the vesting date.
- F6On March 5, 2015, Ms. Fisch received restricted stock units that will vest on the first anniversary of the grant date. As restricted stock units vest, the vested units are automatically converted to vested common stock on a one-for-one basis on the vesting date.