SEC Form 4 · accession 0000025475-15-000055
CRAWFORD & CO · CRDA CRDB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vince E Cole
Officer — Executive Vice President
Period of report
Mar 6, 2015
Accepted (ET)
Mar 10, 2015 · 3:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000025475
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Mar 6, 2015 | S | 20,000 | $7.676 | D | 4,500 | I | Cerberus Holdings LLC |
| Class A Common Stock | Mar 9, 2015 | M | 12,012 | $5.08 | A | 40,346 | D | |
| Class A Common Stock | Mar 9, 2015 | F | 9,254 | $7.81 | D | 31,092 | D |
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)F2 | $5.08 | Mar 9, 2015 | M | 12,012 | D | Mar 27, 2014 | Mar 27, 2023 | Class A Common Stock | 12,012 | 24,388 | D |
Explanation of responses
- F1$7.676 is the weighted average price for a range of sales between $7.52 and $7.78. The reporting person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F2The option became exercisable as to 33% on date indicated and becomes exercisable as to an additional 34% on March 27, 2015 and the final 33% on March 27, 2016.