SEC Form 4 · accession 0000356130-17-000169
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
Nov 20, 2017
Accepted (ET)
Nov 21, 2017 · 11:00 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 | Nov 20, 2017 | M | 4,500 | $15.6447 | A | 46,495 | D | |
| EMCI Common Stock | Nov 20, 2017 | F | 2,350 | $29.97 | D | 44,145 | 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 | $15.6447 | Nov 20, 2017 | M | 4,500 | D | Mar 5, 2009 | Mar 5, 2018 | Common Stock | 4,500 | 0 | D |
Explanation of responses
- F1Options vest in five equal annual installments (20%)beginning one year after date of grant.