SEC Form 4 · accession 0000874977-17-000051
State Auto Financial CORP · STFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David R Meuse
Director
Period of report
May 5, 2017
Accepted (ET)
May 9, 2017 · 3:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000874977
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF3,F1,F2 | — | May 5, 2017 | A | 3,343 | A | — | — | Common Stock | 3,343 | 35,909 | D |
Explanation of responses
- F1Each restricted share unit represents a right to receive either one share of STFC common stock or the cash equivalent thereof, as further described in the Outside Directors Restricted Shae Unit Plan..
- F2The restricted share units become payable, in cash or common shares, at the election of the reporting person, upon the reporting person's termination of services as a director, following a 6 month vesting period.
- F3Includes restricted share units previously granted under Outside Directors Restricted Share Unit Plan and restricted share units credited with dividends, equivalent in value to those declared and paid on one share of STFC common stock. 149.585 restricted share units acquired on 6/30/16; 138.783 restricted share units acquired on 9/30/16; 120.179 restricted share units acquired on 12/31/16 and 117.865 restricted share units acquired on 3/31/17.