EMC INSURANCE GROUP INC 4
4 · EMC INSURANCE GROUP INC · Filed May 23, 2005
Insider Transaction Report
Form 4
ZMOLEK DOUGLAS J
Other
Transactions
- Exercise/Conversion
ISO (Right to Buy)
2005-05-20$9.25/sh−3,000$27,750→ 17,042 totalExercise: $9.25From: 2001-08-01Exp: 2010-08-01→ Common Stock (1,000 underlying) - Tax Payment
EMC Insurance Group Inc. - Common Stock
2005-05-20$18.56/sh−3,667$68,060→ 6,291 total - Exercise/Conversion
EMC Insurance Group Inc. - Common Stock
2005-05-20$12.25/sh+3,291$40,315→ 6,291 total - Exercise/Conversion
ISO (Right to Buy)
2005-05-20$12.25/sh−3,291$40,315→ 17,042 totalExercise: $12.25From: 1998-02-01Exp: 2007-02-01→ Common Stock (6,542 underlying) - Exercise/Conversion
EMC Insurance Group Inc. - Common Stock
2005-05-20$9.25/sh+3,000$27,750→ 6,291 total
Holdings
- 17,042
ISO (Right to Buy)
Exercise: $13.25From: 1997-02-01Exp: 2006-02-01→ Common Stock (2,500 underlying)
Footnotes (2)
- [F1]Options vest in five equal annual installments beginning one year after date of grant.
- [F2]Aggregate total of options to buy: 15,042 options under the 1993 ISO Plan and 2,000 under the 2003 ISO Plan, for a total of 17,042 options.