SEC Form 5 · accession 0001209191-19-005550
NAVIGATORS GROUP INC · NAVG
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
Terence N Deeks
Director · 10% Owner
Period of report
Dec 31, 2018
Accepted (ET)
Jan 28, 2019 · 5:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000793547
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.10 per shareF1 | Mar 19, 2018 | G | 72,826 | $0.00 | A | 2,697,065 | D | |
| Common Stock, par value $0.10 per shareF2,F3 | Mar 19, 2018 | G | 323,924 | $0.00 | D | 2,697,065 | I | See Footnote |
| Common Stock, par value $0.10 per shareF4,F3 | Feb 1, 2018 | G | 882,612 | $0.00 | D | 2,697,065 | I | See Footnote |
| Common Stock, par value $0.10 per shareF5,F3 | Sep 24, 2018 | G | 142,587 | $0.00 | A | 2,697,065 | I | See Footnote |
| Common Stock, par value $0.10 per shareF6 | Dec 31, 2018 | G | 144,993 | $0.00 | A | 2,697,065 | D | |
| Common Stock, par value $0.10 per shareF7 | Dec 31, 2018 | G | 262,789 | $0.00 | A | 2,697,065 | D | |
| Common Stock, par value $0.10 per shareF8,F3 | Dec 31, 2018 | G | 195,466 | $0.00 | A | 2,697,065 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents distribution in kind to the Reporting Person by the Terence N. Deeks 2015 Qualified Three Year Annuity Trust (the "2015 Trust").
- F2Represents distribution in kind by the 2015 Trust to trusts for the benefit of Reporting Person's children or grandchildren.
- F3Includes 1,667,051 shares held by the 2016 Trust, 2017 Trust and 2018 Trust (collectively the "Trusts"), as of December 31, 2018, of which the Reporting Person is the settler, 56,400 shares owned jointly with the Reporting Person's wife, 745,809 shares held directly and 256,104 shares held by the Deeks Family Foundation (the "Foundation"). The Reporting Person disclaims beneficial ownership of the shares held by the Trusts and the Foundation except to the extent of any pecuniary interest he may be deemed to hold therein.
- F4Represents gift by the Reporting Person to the Terence N. Deeks 2018 Qualified Three Year Annuity Trust (the "2018 Trust").
- F5Represents gift by the Reporting Person to the Deeks Family Foundation.
- F6Represents distribution in kind to the Reporting Person by the Terence N. Deeks 2016 Qualified Three Year Annuity Trust (the "2016 Trust").
- F7Represents distribution in kind to the Reporting Person by the Terence N. Deeks 2017 Qualified Three Year Annuity Trust (the "2017 Trust").
- F8Represents distribution in kind to the Reporting Person by the 2018 Trust.