SEC Form 4 · accession 0000908662-17-000222
STEWART INFORMATION SERVICES CORP · STC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John L Killea
Officer — Chief Legal Officer
Period of report
Nov 29, 2017
Accepted (ET)
Dec 1, 2017 · 4:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000094344
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 Stock UnitF1,F2 | — | Nov 29, 2017 | A | 19,669 | A | — | — | Common Stock | 19,669 | 19,669 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of STC common stock.
- F2The restricted stock units will vest in four installments as follows: 13.33% on November 6, 2018, 20% on November 6, 2019, 33.33% on November 7, 2019 and 33.33% on November 6, 2020. The portion of restricted stock units that become vested will be settled by the delivery of cash or shares of common stock at the discretion of the issuer. Shares of common stock or cash will be delivered to the reporting person on the vesting date except for the restricted stock units vesting on November 7, 2019 which will be settled on November 6, 2020.