SEC Form 4 · accession 0001327749-15-000097
DONEGAL GROUP INC · DGICA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
DONEGAL MUTUAL INSURANCE CO
10% Owner
Period of report
Dec 18, 2015
Accepted (ET)
Dec 22, 2015 · 2:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000800457
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Dec 18, 2015 | P | 1,675,000 | $16.50 | A | 9,851,025 | D | |
| Class B Common StockF1 | Dec 18, 2015 | P | 400,000 | $23.50 | A | 4,647,039 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 18, 2015, Donegal Mutual Insurance Company ("Donegal Mutual") and Donegal Group Inc. ("DGI") entered into an agreement with Gregory M. Shepard to purchase shares of DGI common stock from Mr. Shepard, including the shares Donegal Mutual reports in this Form 4 Report. On December 22, 2015, Donegal Mutual and DGI consummated the purchase of the shares from Mr. Shepard.