SEC Form 4 · accession 0000899243-18-011313
AMERICAN NATIONAL INSURANCE CO /TX/ · ANAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frances A Moody-Dahlberg
Director
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 4:45 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 1, 2018 | M | 750 | $0.00 | A | 5,937 | D | |
| Common StockF1 | May 1, 2018 | D | 750 | $121.93 | A | 5,187 | D | |
| Common StockF2 | May 1, 2018 | D | 2,000 | $121.93 | D | 3,187 | 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 | — | May 1, 2018 | M | 750 | D | May 1, 2018 | May 1, 2018 | Common Stock | 750 | 0 | D |
| Restricted Stock UnitsF5,F6 | — | May 1, 2018 | A | 750 | A | May 1, 2019 | May 1, 2019 | Common Stock | 750 | 750 | D |
Explanation of responses
- F1This transaction represents the settlement of vested restricted stock units in cash based on the closing price of Issuer's common stock on May 1, 2018. For reporting purposes, such settlement is treated as a simultaneous acquisition and disposition of the underlying common stock.
- F2This transaction represents the settlement of vesting restricted stock in cash based on the closing price of Issuer's common stock on May 1, 2018, the date of expiration of forfeiture restrictions with respect to such stock. Such 2,000 shares of restricted stock, granted May 1, 2008, were previously included in the reporting person's direct common stock holdings in prior reports on Forms 3 and 4.
- 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 vested on May 1, 2018.
- F5Each restricted stock unit represents a contingent right to receive, upon vesting, cash in an amount equal to the closing price of Issuer's common stock on the date of vesting.
- F6These restricted stock units vest on May 1, 2019, or upon the reporting person's earlier retirement, death or disability.