SEC Form 4 · accession 0000356130-17-000179
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
Dec 8, 2017
Accepted (ET)
Dec 12, 2017 · 8:29 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 | Dec 8, 2017 | M | 7,150 | $13.7833 | A | 271,153 | D | |
| EMCI-Common StockF1 | Dec 8, 2017 | F | 5,337 | $29.2816 | D | 265,816 | 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 BuyF2 | $13.7833 | Dec 8, 2017 | M | 7,150 | D | Mar 1, 2011 | Mar 1, 2020 | Common Stock | 7,150 | 850 | D |
Explanation of responses
- F1All shares sold at an Average price. Price range: $29.00 - $29.61
- F2Options vest in five equal annual installments (20%)beginning one year after date of grant.