SEC Form 4 · accession 0001209191-16-101471
MERCURY GENERAL CORP · MCY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Gabriel Tirador
Officer — CEO/President · Director
Period of report
Feb 22, 2016
Accepted (ET)
Feb 23, 2016 · 4:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000064996
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 22, 2016 | A | 18,711 | $0.00 | A | 51,773 | D | |
| Common StockF3 | Feb 22, 2016 | F | 8,794 | $53.42 | D | 42,979 | D | |
| Common Stock | holding | — | — | — | 1,563 | I | ESOP Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | $42.458 | holding | — | — | — | Apr 26, 2014 | Apr 26, 2023 | Common Stock | 50,000 | 37,500 | D |
Explanation of responses
- F1Shares were received for no consideration upon the satisfaction of performance criteria underlying an award of performance based restricted stock units.
- F2Represents shares of common stock retained by the issuer to satisfy the reporting person's tax withholding obligations resulting from the vesting of performance based restricted stock units.
- F3Represents shares of common stock retained by the issuer to satisfy the reporting person's tax withholding obligations resulting from the vesting of performance based restricted stock units.