SEC Form 4 · accession 0000899243-17-006419
AMERICAN NATIONAL INSURANCE CO /TX/ · ANAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
E J Pederson
Director
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 4:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000904163
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 1, 2017 | M | 250 | $0.00 | A | 512 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Mar 1, 2017 | M | 250 | D | Mar 1, 2016 | Mar 1, 2018 | Common Stock | 250 | 250 | D |
Explanation of responses
- F1This transaction represents the settlement of vested restricted stock units in shares of common stock.
- F2This total includes shares acquired by dividend reinvestment as follows: 1.818 shares on June 17, 2016 at $115.617 per share; 1.848 shares on September 16, 2016 at $114.569 per share; and 1.661 shares on December 16, 2016 at $128.32 per share.
- F3Each restricted stock unit represents a contingent right to receive, upon vesting, one share of Issuer's common stock or, at the election of the reporting person, cash in an amount equal to the closing price of such stock on the date of vesting.
- F4These restricted stock units vest in three equal annual installments, beginning March 1, 2016, or upon the reporting person's earlier retirement, death or disability.