SEC Form 4 · accession 0001379041-16-000403
Employers Holdings, Inc. · EIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen V Festa
Officer — EVP, Chief Operating Officer
Period of report
Nov 18, 2016
Accepted (ET)
Nov 21, 2016 · 4:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001379041
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01F1 | Nov 18, 2016 | M | 6,500 | $17.02 | A | 18,961 | D | |
| Common Stock, par value $0.01F1 | Nov 18, 2016 | S | 6,500 | $35.00 | D | 12,461 | D | |
| Common Stock, par value $0.01F2 | holding | — | — | — | 26,561 | I | Stephen and Jane Festa Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1,F3 | $17.02 | Nov 18, 2016 | M | 6,500 | D | — | Mar 16, 2019 | Common Stock, par value $0.01 | 6,500 | 0 | D |
Explanation of responses
- F1The options exercised were part of a 10b5-1 plan filed by the officer.
- F226,561 shares of Common Stock were previously reported as directly owned.
- F3The option is fully vested and immediately exercisable.