SEC Form 4 · accession 0000830122-16-000206
PICO HOLDINGS INC /NEW · PICO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael John Machado
Director
Period of report
Aug 15, 2016
Accepted (ET)
Aug 17, 2016 · 4:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000830122
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 15, 2016 | A | 4,854 | $10.30 | A | 12,311 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted Stock Units will vest in their entirety on the earlier of on August 15, 2017 or the date of the next annual shareholder meeting. Each restricted stock unit represents a contingent right to receive one share of PICO common stock upon vesting of the unit if such reporting person remains a director of PICO through the vesting date.