SEC Form 4 · accession 0000356130-18-000051
EMC INSURANCE GROUP INC · EMCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cheryl Lynn McCullough
Officer — Chief Audit Officer
Period of report
Mar 1, 2018
Accepted (ET)
Mar 6, 2018 · 12:53 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 | holding | — | — | — | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 1, 2018 | A | 1,128 | A | — | — | Common Stock | 1,128 | 1,128 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On March 1, 2018, the reporting person was granted 1,128 restricted stock units, vesting at 25% per year beginning on the first anniversary of the grant date.