ALLEGHANY CORP /DE 4
4 · ALLEGHANY CORP /DE · Filed Feb 27, 2014
Insider Transaction Report
Form 4
Borrelli Jerry
Vice President
Transactions
- Award
Common Stock
2014-02-25$379.13/sh+1,239$469,742→ 2,564 total - Disposition to Issuer
Common Stock
2014-02-25$379.13/sh−1,239$469,742→ 1,325 total - Award
Restricted Stock Units
2014-01-15+326→ 326 total→ Common Stock (326 underlying)
Footnotes (3)
- [F1]Settlement of 1,239 performance shares for $469,742.07 in cash, of which $220,637.85 represents withholding for tax obligations in connection with such settlement.
- [F2]Each restricted stock unit represents a contingent right to receive one share of of the registrant's common stock or a payment in cash in respect of such restricted stock unit in an amount equal to the fair market value of one share of the registrant's common stock on the applicable vesting date.
- [F3]The restricted stock units will vest on January 15, 2018, subject to the reporting person being employed by the registrant on such date.