SEC Form 4 · accession 0001225208-16-032891
SELECTIVE INSURANCE GROUP INC · SIGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory E Murphy
Officer — Chairman & CEO · Director
Period of report
May 6, 2016
Accepted (ET)
May 9, 2016 · 4:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000230557
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 6, 2016 | M | 3,480 | $27.44 | A | 361,807 | D | |
| Common StockF2 | May 6, 2016 | S | 40,000 | $35.0718 | D | 321,807 | D | |
| Common Stock | May 6, 2016 | G | 4,200 | $0.00 | D | 317,607 | D | |
| Common StockF3 | holding | — | — | — | 8,629 | I | By 401(k) plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $27.44 | May 6, 2016 | M | 3,480 | D | Jan 30, 2008 | Jan 30, 2017 | Common Stock | 3,480 | 0 | D |
Explanation of responses
- F1Includes 364.4308 dividend equivalent units. Each dividend equivalent unit is the economic equivalent of one share of Selective Insurance Group, Inc. common stock.
- F2Represents the weighted average sale price. The highest price at which shares were sold was $35.44 and the lowest price at which shares were sold was $34.815. The reporting person hereby undertakes to provide upon request to the SEC's staff, the issuer or its security holders, full information regarding the number of shares sold at each separate price.
- F3Includes 37.7945 shares acquired in Mr. Murphy's 401(k) account.