SEC Form 4 · accession 0000356130-17-000096
EMC INSURANCE GROUP INC · EMCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce G Kelley
Officer — President & CEO · Director
Period of report
May 31, 2017
Accepted (ET)
Jun 2, 2017 · 10:40 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 31, 2017 | M | 7,033 | $15.6447 | A | 255,567 | D | |
| EMCI-Common Stock | May 31, 2017 | F | 5,633 | $27.20 | D | 249,934 | D | |
| EMCI-Common Stock | Jun 1, 2017 | M | 10,467 | $15.6447 | A | 260,401 | D | |
| EMCI-Common Stock | Jun 1, 2017 | F | 8,385 | $27.27 | D | 252,016 | D | |
| EMCI-Common Stock | holding | — | — | — | 2,250 | I | Spouse |
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 | $15.6447 | May 31, 2017 | M | 7,033 | D | Mar 5, 2009 | Mar 5, 2018 | Common Stock | 7,033 | 10,467 | D |
| NQO Right To BuyF1 | $15.6447 | Jun 1, 2017 | M | 10,467 | D | Mar 5, 2009 | Mar 5, 2018 | Common Stock | 10,467 | 0 | D |
Explanation of responses
- F1Options vest in five equal annual installments (20%)beginning one year after date of grant.