SEC Form 4 · accession 0000356130-17-000026
EMC INSURANCE GROUP INC · EMCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Alan Lovell
Officer — Executive Vice President
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 10:56 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 | F | 1,528 | $28.035 | D | 9,089 | 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 UnitsF1,F2 | — | Mar 1, 2017 | A | 4,500 | A | — | — | Common Stock | 4,500 | 4,500 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On 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