SEC Form 4 · accession 0000356130-17-000020
EMC INSURANCE GROUP INC · EMCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin J Hovick
Officer — Exec. Vice President & COO
Period of report
Feb 28, 2017
Accepted (ET)
Mar 1, 2017 · 1:02 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 | Feb 28, 2017 | M | 4,500 | $16.97 | A | 47,026 | D | |
| EMCI Common Stock | Feb 28, 2017 | F | 2,739 | $27.8836 | D | 44,287 | 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 BuyF1 | $16.97 | Feb 28, 2017 | M | 4,500 | D | Mar 9, 2008 | Mar 9, 2017 | Common Stock | 4,500 | 0 | D |
Explanation of responses
- F1Options vest in five equal annual installments (20%)beginning one year after date of grant.