SEC Form 4 · accession 0001365555-16-000277
Amtrust Financial Services, Inc. · AFSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Ungar
Officer — SVP, GC and Secretary
Period of report
May 16, 2016
Accepted (ET)
May 17, 2016 · 8:45 am EDT
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 Stock | May 16, 2016 | M | 1,000 | $6.2066 | A | 164,686 | D | |
| Common StockF1,F2 | May 16, 2016 | S | 3,000 | $26.6434 | D | 161,686 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $6.2066 | May 16, 2016 | M | 1,000 | D | Feb 15, 2009 | Feb 15, 2018 | Common Stock | 1,000 | 17,778 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 1, 2015.
- F2The price included in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.57 to $26.78 per share, inclusive. The reporting person undertakes to provide to AmTrust Financial Services, Inc. or any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 2.