SEC Form 4 · accession 0000356130-16-000370
EMC INSURANCE GROUP INC · EMCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Lynn Link
Officer — Sr. VP & Asst. Secretary
Period of report
Nov 29, 2016
Accepted (ET)
Dec 1, 2016 · 9:35 am EST
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 StockF1 | Nov 29, 2016 | F | 3,220 | $28.265 | D | 11,425 | D | |
| EMCI Common Stock | Nov 29, 2016 | M | 2,250 | $16.97 | A | 13,675 | D | |
| EMCI Common Stock | Nov 29, 2016 | M | 3,375 | $15.6447 | A | 17,050 | D |
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 BuyF2 | $16.97 | Nov 29, 2016 | M | 2,250 | D | Mar 9, 2008 | Mar 9, 2017 | Common Stock | 2,250 | 0 | D |
| ISO Right To BuyF2 | $15.6447 | Nov 29, 2016 | M | 3,375 | D | Mar 5, 2009 | Mar 5, 2018 | Common Stock | 3,375 | 0 | D |
Explanation of responses
- F1FMV on date of transaction
- F2Options vest in five equal annual installments (20%)beginning one year after date of grant.