SEC Form 4/A · accession 0001365555-16-000295
Amtrust Financial Services, Inc. · AFSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Barry D Zyskind
Officer — President and CEO · Director · 10% Owner
Period of report
Jul 28, 2015
Accepted (ET)
Jun 20, 2016 · 4:34 pm 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 StockF2,F1 | Jul 28, 2015 | J | 3,814,781 | $0.00 | A | 3,814,781 | I | By Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Michael Karfunkel 2005 Grantor Retained Annuity Trust distributed 9,864,781 shares of Common Stock by its terms to the Michael Karfunkel Family 2005 Trust (the "Family Trust"). The reporting person is co-trustee of the Family Trust and shares voting and dispositive power over 3,814,781 of the shares of Common Stock held by the Family Trust. The reporting person's spouse is a beneficiary of the Family Trust.
- F2On February 2, 2016, the Common Stock of AmTrust Financial Services, Inc. split two-for-one, resulting in the reporting person's indirect ownership as co-trustee of the Family Trust of 3,814,781 additional shares of Common Stock. This is not reflected in this Form 4/A, which reports the amount of shares impacted by the transaction and the resulting beneficial ownership as of the date of the original transaction.
Remarks
This amended Form 4 is being filed to correct the amount of securities impacted by and beneficially owned following the reported transaction. The original Form 4 stated that the reporting person acquired and shared voting and dispositive power over 3,979,637 shares of Common Stock held by the Family Trust. This amount did not take into account a March 31, 2015 distribution of 164,856 shares of Common Stock from the Michael Karfunkel 2005 Grantor Retained Annuity Trust to Michael Karfunkel, as reported on a Form 5 filed June 20, 2016.