SEC Form 4 · accession 0000899243-17-011633
AMERICAN NATIONAL INSURANCE CO /TX/ · ANAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James D Yarbrough
Director
Period of report
May 1, 2017
Accepted (ET)
May 3, 2017 · 4:52 pm EDT
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 | May 2, 2017 | M | 750 | $0.00 | A | 12,250 | 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 UnitsF2,F3 | — | May 2, 2017 | M | 750 | D | May 2, 2017 | May 2, 2017 | Common Stock | 750 | 0 | D |
| Restricted Stock UnitsF2,F4 | — | May 1, 2017 | A | 750 | A | May 1, 2018 | May 1, 2018 | Common Stock | 750 | 750 | D |
Explanation of responses
- F1This transaction represents the settlement of vested restricted stock units in shares of common stock.
- F2Each 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.
- F3These restricted stock units vested on May 2, 2017.
- F4These restricted stock units vest on May 1, 2018, or upon the reporting person's earlier retirement, death or disability.