SEC Form 4 · accession 0000356130-18-000014
EMC INSURANCE GROUP INC · EMCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald Allan Paine
Officer — Senior Vice President
Period of report
Feb 2, 2018
Accepted (ET)
Feb 6, 2018 · 12:57 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 | Feb 2, 2018 | M | 2,000 | $16.27 | A | 21,576 | D | |
| EMCI-Common Stock | Feb 5, 2018 | M | 2,500 | $16.27 | A | 24,076 | D | |
| EMCI-Common Stock | holding | — | — | — | 572 | 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 | $16.27 | Feb 2, 2018 | M | 2,000 | D | Mar 1, 2012 | Mar 1, 2021 | Common Stock | 2,000 | 2,500 | D |
| NQO-RIGHT TO BUYF1 | $16.27 | Feb 5, 2018 | M | 2,500 | D | Mar 1, 2012 | Mar 1, 2021 | Common Stock | 2,500 | 0 | D |
Explanation of responses
- F1Options vest in five equal annual installments (20%)beginning one year after date of grant.