Welt Philip S 4
4 · BERKLEY W R CORP · Filed Aug 7, 2019
Insider Transaction Report
Form 4
Welt Philip S
EVP & Secretary
Transactions
- Tax Payment
Common Stock
2019-08-05$68.56/sh−258$17,690→ 68,091 total
Holdings
- 8,780.823(indirect: By ESPP)
Common Stock
Footnotes (2)
- [F1]Represents payment of tax liability by withholding securities incident to the vesting of restricted stock units ("RSUs").
- [F2]Represents shares of common stock underlying restricted stock units, 48,556 of which have vested (the receipt of 15,542 which have been deferred); 2,393 of which are scheduled to vest on August 5, 2020; 4,696 of which are scheduled to vest in two equal installments on August 5, 2020 and August 5, 2021; and 6,554 of which are scheduled to vest in three equal installments on August 15, 2020, August 15, 2021 and August 15, 2022; and 5,894 of which are scheduled to vest in three equal installments on August 15, 2021, August 15, 2022 and August 15, 2023. On April 2, 2019, the Company's common stock split 3-for-2 (the "Stock Split") resulting in the reporting person's acquisition of 13,692 shares of common stock underlying vested RSUs beneficially owned by the reporting person.