SEC Form 4 · accession 0000356130-17-000078
EMC INSURANCE GROUP INC · EMCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kelvin Bryce Sederburg
Officer — Vice Pres. & Appointed Actuary
Period of report
May 9, 2017
Accepted (ET)
May 10, 2017 · 11:50 am EDT
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 | May 9, 2017 | M | 1,200 | $13.7833 | A | 10,392 | 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 | $13.7833 | May 9, 2017 | M | 1,200 | D | Mar 1, 2011 | Mar 1, 2020 | Common Stock | 1,200 | 990 | D |
Explanation of responses
- F1Options vest in five equal annual installments (20%)beginning one year after date of grant.