EMC INSURANCE GROUP INC 4

4 · EMC INSURANCE GROUP INC · Filed Mar 10, 2008

Form 4

Period: 2008-03-06

Sr. V.P. and Secretary

Transactions

Exercise/Conversion
EMCI - Common Stock
2008-03-06$19.35/sh+3,300$63,855→ 5,538 total
Exercise/Conversion
ISO Right to Buy
2008-03-06−1,638→ 762 total
Exercise: $24.60From: 2007-12-31Exp: 2008-03-30→ Common Stock (1,638 underlying)
Exercise/Conversion
ISO Right to Buy
2008-03-06−400→ 0 total
Exercise: $22.28From: 2007-12-31Exp: 2008-03-30→ Common Stock (400 underlying)
Exercise/Conversion
EMCI - Common Stock
2008-03-06$22.28/sh+400$8,912→ 5,538 total
Exercise/Conversion
EMCI - Common Stock
2008-03-06$24.60/sh+1,638$40,295→ 5,538 total
Exercise/Conversion
ISO Right to Buy
2008-03-06−3,300→ 0 total
Exercise: $19.35From: 2007-12-31Exp: 2008-03-30→ Common Stock (3,300 underlying)
Exercise/Conversion
ISO Right to Buy
2008-03-06−200→ 0 total
Exercise: $16.88From: 2007-12-31Exp: 2008-03-30→ Common Stock (200 underlying)
Tax Payment
EMCI - Common Stock
2008-03-06$25.35/sh−4,593$116,433→ 5,538 total
Exercise/Conversion
EMCI - Common Stock
2008-03-06$16.88/sh+200$3,375→ 5,538 total

Footnotes (2)

[F1]Upon reporting person's retirement, all options become fully vested in accordance with the Company's 2003 ISO plan.
[F2]Upon reporting person's retirement, he shall have a period of 3 months to exercise options in accordance with the Company's 2003 ISO plan.

Documents

1 file