SEC Form 4 · accession 0000356130-16-000302
EMC INSURANCE GROUP INC · EMCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark E Reese
Officer — Senior Vice President & CFO
Period of report
Jun 14, 2016
Accepted (ET)
Jun 15, 2016 · 11:05 am 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 | Jun 14, 2016 | M | 9,000 | $13.7833 | A | 26,613 | D | |
| EMCI-Common StockF1 | Jun 14, 2016 | F | 6,703 | $26.9731 | D | 19,910 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NQO Right To BuyF2 | $13.7833 | Jun 14, 2016 | M | 9,000 | D | Mar 1, 2011 | Mar 1, 2020 | Common Stock | 9,000 | 0 | D |
Explanation of responses
- F1Average price: $26.973148. Price range: $26.95 - $27.00
- F2Options vest in five equal annual installments (20%)beginning one year after date of grant.