SEC Form 4 · accession 0000356130-15-000083
EMC INSURANCE GROUP INC · EMCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard W Hoffmann
Officer — V.P., Gen. Counsel & Secretary
Period of report
May 26, 2015
Accepted (ET)
May 28, 2015 · 3:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000356130
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| EMCI - Common Stock | May 26, 2015 | M | 2,250 | $24.60 | A | 9,323 | D | |
| EMCI - Common Stock | May 26, 2015 | M | 2,250 | $23.467 | A | 11,573 | D | |
| EMCI - Common Stock | May 26, 2015 | F | 3,132 | $34.55 | D | 8,441 | D | |
| EMCI - Common Stock | holding | — | — | — | 410 | I | Spouse | |
| EMCI - Common StockF1 | holding | — | — | — | 90 | I | Note 1 | |
| EMCI - Common StockF2 | holding | — | — | — | 100 | I | Note 2 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ISO Right to BuyF3 | $24.60 | May 26, 2015 | M | 2,250 | D | Mar 1, 2007 | Mar 1, 2016 | Common Stock | 2,250 | 0 | D |
| ISO Right to BuyF3 | $23.467 | May 26, 2015 | M | 2,250 | D | Mar 5, 2009 | Mar 5, 2018 | Common Stock | 2,250 | 0 | D |
Explanation of responses
- F1Note 1: Indirect beneficial ownership: Spouse as custodian for son under U.T.M.A. (Iowa).
- F2Note 2: Through a power of attorney, insider gained control of a relative's 100 shares.
- F3Note 3: Options vest in five equal annual installments beginning one year after date of grant.