SEC Form 4 · accession 0000356130-17-000024
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
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 10:09 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 Stock | Mar 1, 2017 | M | 2,500 | $16.27 | A | 29,439 | D | |
| EMCI Common StockF1 | Mar 1, 2017 | F | 1,967 | $28.0848 | D | 27,472 | D | |
| EMCI Common Stock | Mar 1, 2017 | F | 1,586 | $28.035 | D | 25,886 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Mar 1, 2017 | A | 4,500 | A | — | — | Common Stock | 4,500 | 4,500 | D |
Explanation of responses
- F1Price range: $27.75 - $28.315
- F2Restricted stock units convert into common stock on a one-for-one basis.
- F3On March 1, 2017, the reporting person was granted 4,500 restricted stock units, vesting at 25% per year beginning on the first anniversary of the grant date