SEC Form 4 · accession 0001365555-18-000033
Amtrust Financial Services, Inc. · AFSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raul Rivera
Director
Period of report
Mar 5, 2018
Accepted (ET)
Mar 6, 2018 · 5:19 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, 2018 | M | 3,257 | $0.00 | A | 3,257 | 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 UnitsF2,F3 | — | Mar 5, 2018 | M | 3,257 | D | — | — | Common Stock | 3,257 | 0 | D |
| Restricted Stock UnitsF2,F4 | — | Mar 5, 2018 | A | 5,469 | A | — | — | Common Stock | 5,469 | 5,469 | D |
Explanation of responses
- F1Acquisition of common stock resulting from the vesting of the restricted stock units granted to Mr. Rivera on March 5, 2017.
- F2Each restricted stock unit represents a contingent right to receive one share of AmTrust Financial Services, Inc.'s common stock.
- F3On March 5, 2017, Mr. Rivera 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.
- F4On March 5, 2018, Mr. Rivera 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.