SEC Form 4 · accession 0001179110-16-020142
State National Companies, Inc. · SNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradford Luke Ledbetter
10% Owner
Period of report
Feb 23, 2016
Accepted (ET)
Feb 25, 2016 · 5:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001610793
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 23, 2016 | D | 3,794 | $0.00 | D | 11,336 | D | |
| Common StockF2 | holding | — | — | — | 5,608,272 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents (i) 11,236 shares that vested and 3,794 shares that were forfeited on February 23, 2016 under an award of 15,030 shares of restricted stock that was granted on March 30, 2015, subject to performance-based vesting over the performance period consisting of calendar year 2015, and (ii) an additional 100 shares held by Bradford Luke Ledbetter.
- F2See Exhibit 99 for text of Footnote, which Exhibit is incorporated by reference herein.
Remarks
Exhibit 24 - Power of AttorneyExhibit 99 - Explanation of Response