SEC Form 4/A · accession 0000775368-18-000046
ALLEGHANY CORP /DE · Y
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Jefferson Kirby
Director
Period of report
Mar 15, 2018
Accepted (ET)
May 23, 2018 · 3:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000775368
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 15, 2018 | A | 12 | — | A | 59,007 | D | |
| Common StockF2 | Apr 30, 2018 | A | 234 | — | A | 59,241 | D | |
| Common Stock | holding | — | — | — | 396,112 | I | Held by trusts of which reporting person is co-trustee and beneficiary | |
| Common Stock | holding | — | — | — | 27,586 | I | Held by trust of which reporting person is sole trustee and beneficiary | |
| Common Stock | holding | — | — | — | 19 | I | Held by reporting person's spouse | |
| Common Stock | holding | — | — | — | 364 | I | Held by reporting person's children sharing the same household |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Under the Alleghany Corporation 2005 Directors' Stock Plan, 2010 Directors' Stock Plan and 2015 Directors' Stock Plan, when the registrant pays a cash dividend on its common stock, each director holding restricted stock units ("RSUs") awarded under such plan(s) is credited with a corresponding dividend on his or her RSUs in the form of additional RSUs. These shares represent RSUs received as dividends in connection with a special cash dividend of $10.00 per share of common stock paid on March 15, 2018. These additional RSUs will vest on the same schedule as the unvested RSUs to which they relate.
- F2Grant of 234 shares of restricted stock for no cash consideration under the Alleghany Corporation 2015 Directors' Stock Plan, reflecting such number of restricted stock shares equal to $140,000 (as determined by the Board in accordance with the plan) divided by the average of the closing sales prices of the common stock on the 30 consecutive trading days preceding the grant date as reported by the NYSE.