SEC Form 4 · accession 0000356130-16-000374
EMC INSURANCE GROUP INC · EMCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason R Bogart
Officer — Senior Vice President
Period of report
Dec 9, 2016
Accepted (ET)
Dec 13, 2016 · 4:40 pm 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 Stock | Dec 9, 2016 | M | 4,500 | $12.5767 | A | 22,652 | D | |
| EMCI Common Stock | Dec 9, 2016 | F | 3,244 | $30.175 | D | 19,408 | D | |
| EMCI Common Stock | Dec 12, 2016 | M | 2,250 | $13.7833 | A | 21,658 | D | |
| EMCI Common Stock | Dec 12, 2016 | F | 1,663 | $30.4748 | D | 19,995 | D | |
| EMCI Common Stock | Dec 12, 2016 | M | 2,000 | $13.9867 | A | 21,995 | D | |
| EMCI Common Stock | Dec 12, 2016 | F | 1,484 | $30.4748 | D | 20,511 | 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 BUYF1 | $12.5766 | Dec 9, 2016 | M | 4,500 | D | Mar 3, 2010 | Mar 3, 2019 | Common Stock | 4,500 | 0 | D |
| NQO-RIGHT TO BUYF1 | $13.7833 | Dec 12, 2016 | M | 2,250 | D | Mar 1, 2011 | Mar 1, 2020 | Common Stock | 2,250 | 0 | D |
| NQO-RIGHT TO BUYF1 | $13.9866 | Dec 12, 2016 | M | 2,000 | D | Mar 1, 2013 | Mar 1, 2022 | Common Stock | 2,000 | 4,750 | D |
Explanation of responses
- F1Options vest in five equal annual installments (20%)beginning one year after date of grant.