SEC Form 4 · accession 0000356130-16-000337
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
Sep 7, 2016
Accepted (ET)
Sep 9, 2016 · 12:00 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 | Sep 7, 2016 | M | 605 | $13.9867 | A | 15,348 | D | |
| EMCI Common Stock | Sep 7, 2016 | M | 229 | $13.7833 | A | 15,577 | D | |
| EMCI Common Stock | Sep 7, 2016 | M | 375 | $16.27 | A | 15,952 | D | |
| EMCI Common Stock | Sep 7, 2016 | F | 3,574 | $27.98 | D | 12,378 | D | |
| EMCI-Common Stock | holding | — | — | — | 5,437 | I | Spouse | |
| EMCI-Common StockF1 | holding | — | — | — | 135 | I | Note 1 |
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 | $13.9867 | Sep 7, 2016 | M | 605 | A | Mar 1, 2013 | Mar 1, 2022 | Common Stock | 605 | 0 | D |
| NQO Right To BuyF2 | $13.7833 | Sep 7, 2016 | M | 229 | A | Mar 1, 2011 | Mar 1, 2020 | Common Stock | 229 | 0 | D |
| NQO Right To BuyF2 | $16.27 | Sep 7, 2016 | M | 375 | A | Mar 1, 2012 | Mar 1, 2021 | Common Stock | 375 | 0 | D |
Explanation of responses
- F1Indirect beneficial ownership: spouse as custodian for son under U.T.M.A (Iowa)
- F2Options vest in five equal annual installments (20%)beginning one year after date of grant.