SEC Form 4 · accession 0001209191-16-107259
MERCURY GENERAL CORP · MCY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gabriel Tirador
Officer — CEO/President · Director
Period of report
Mar 7, 2016
Accepted (ET)
Mar 9, 2016 · 1:53 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 Stock | Mar 7, 2016 | M | 12,500 | $42.458 | A | 47,708 | D | |
| Common StockF1 | Mar 7, 2016 | F | 10,865 | $54.44 | D | 36,843 | 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 | Mar 7, 2016 | M | 12,500 | D | Apr 26, 2014 | Apr 26, 2023 | Common Stock | 12,500 | 25,000 | D |
Explanation of responses
- F1Represents shares of common stock retained by the issuer to satisfy (i) the exercise price of the option exercised by the reporting person on March 7, 2016 and (ii) the reporting person's tax withholding obligations resulting from the exercise of such option.