SEC Form 5/A · accession 0001209191-19-007679
NAVIGATORS GROUP INC · NAVG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 5/A). It replaces an earlier filing for the same period.
Reporting owner
Terence N Deeks
Director · 10% Owner
Period of report
Dec 31, 2018
Accepted (ET)
Feb 6, 2019 · 2:04 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,F2 | Mar 19, 2018 | G | 72,826 | $0.00 | A | 2,725,364 | D | |
| Common Stock, par value $0.10 per shareF3,F2,F4 | Mar 19, 2018 | G | 323,924 | $0.00 | D | 2,725,364 | I | See Footnote |
| Common Stock, par value $0.10 per shareF5,F2,F4 | Feb 1, 2018 | G | 882,612 | $0.00 | D | 2,725,364 | I | See Footnote |
| Common Stock, par value $0.10 per shareF6,F2,F4 | Sep 24, 2018 | G | 142,587 | $0.00 | A | 2,725,364 | I | See Footnote |
| Common Stock, par value $0.10 per shareF7,F2 | Dec 31, 2018 | G | 144,993 | $0.00 | A | 2,725,364 | D | |
| Common Stock, par value $0.10 per shareF8,F2 | Dec 31, 2018 | G | 262,789 | $0.00 | A | 2,725,364 | D | |
| Common Stock, par value $0.10 per shareF9,F2,F4 | Dec 31, 2018 | G | 195,466 | $0.00 | A | 2,725,364 | 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").
- F2This Form 5 is amended to correct the amount reported in Column 5 to accurately reflect the Reporting Person's total amount of securities beneficially owned at the end of the Issuer's fiscal year. This amount was previously reported incorrectly due to a mathematical error.
- F3Represents distribution in kind by the 2015 Trust to trusts for the benefit of Reporting Person's children or grandchildren.
- F4Includes 1,667,051 shares held by the Terence N. Deeks 2016 Qualified Three Year Annuity Trust (the "2016 Trust"), the Terence N. Deeks 2017 Qualified Three Year Annuity Trust (the "2017 Trust") and the Terence N. Deeks 2018 Qualified Three Year Annuity Trust (the "2018 Trust", and together with the 2016 Trust and the 2017 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.
- F5Represents gift by the Reporting Person to the 2018 Trust.
- F6Represents gift by the Reporting Person to the Deeks Family Foundation.
- F7Represents distribution in kind to the Reporting Person by the 2016 Trust.
- F8Represents distribution in kind to the Reporting Person by the 2017 Trust.
- F9Represents distribution in kind to the Reporting Person by the 2018 Trust.