SEC Form 4 · accession 0000356130-17-000184
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 15, 2017
Accepted (ET)
Dec 19, 2017 · 12:02 pm 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 15, 2017 | M | 850 | $13.7833 | A | 266,666 | D | |
| EMCI-Common Stock | Dec 15, 2017 | F | 640 | $29.1661 | D | 266,026 | D | |
| EMCI-Common Stock | Dec 15, 2017 | M | 10,000 | $16.27 | A | 276,026 | D | |
| EMCI-Common Stock | Dec 15, 2017 | F | 7,939 | $29.1661 | D | 268,087 | 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 | $13.7833 | Dec 15, 2017 | M | 850 | D | Mar 1, 2011 | Mar 1, 2020 | Common Stock | 850 | 0 | D |
| NQO Right To BuyF1 | $16.27 | Dec 15, 2017 | M | 10,000 | D | Mar 1, 2012 | Mar 1, 2021 | Common Stock | 10,000 | 17,000 | D |
Explanation of responses
- F1Options vest in five equal annual installments (20%)beginning one year after date of grant.