SEC Form 4 · accession 0000356130-17-000180
EMC INSURANCE GROUP INC · EMCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Dec 13, 2017
Accepted (ET)
Dec 15, 2017 · 9:23 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 13, 2017 | M | 56 | $13.7833 | A | 4,644 | D | |
| EMCI-Common Stock | Dec 13, 2017 | F | 42 | $29.6565 | D | 4,602 | D | |
| EMCI-Common Stock | Dec 14, 2017 | M | 1,300 | $15.6447 | A | 5,902 | 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 | Dec 13, 2017 | M | 56 | D | Mar 1, 2011 | Mar 1, 2020 | Common Stock | 56 | 0 | D |
| ISO-RIGHT TO BUYF1 | $15.6446 | Dec 14, 2017 | M | 1,300 | D | Mar 5, 2009 | Mar 5, 2018 | Common Stock | 1,300 | 1,115 | D |
Explanation of responses
- F1Options vest in five equal annual installments (20%)beginning one year after date of grant.