4//SEC Filing
Godwin Glen 4
Accession 0000899243-18-018941
CIK 0001195933other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 4:34 PM ET
Size
13.1 KB
Accession
0000899243-18-018941
Insider Transaction Report
Form 4
Godwin Glen
Sr.VP, Business Development
Transactions
- Disposition to Issuer
Common Stock
2018-07-02−9,653→ 62,522.13 total - Gift
Common Stock
2018-06-13−412→ 70,022.13 total - Award
Common Stock
2018-07-02+9,653→ 72,175.13 total - Disposition to Issuer
Common Stock
2018-07-02−7,500→ 62,522.13 total - Disposition to Issuer
Common Stock
2018-07-02−62,522.13→ 0 total
Footnotes (5)
- [F1]Voluntary report of a bona fide gift made on June 13, 2018 to Mr. Godwin's children.
- [F2]Includes 2,832.12 shares acquired through the Company's employee stock purchase plan, including 13.91 shares acquired subsequent to March 15, 2018.
- [F3]Pursuant to the Agreement and Plan of Merger, dated as of February 13, 2018 (the "Merger Agreement"), by and among Kemper Corporation ("Kemper"),Vulcan Sub, Inc., a wholly owned subsidiary of Kemper ("Sub"), and Infinity Property and Casualty Corporation (the "Company"), these restricted shares of common stock of the Company, no par value per share ("Company Common Stock"), were cancelled without any acceleration of vesting effective as of the effective time of the merger of the Company and Sub (the "Merger") and exchanged for the right to receive a number of restricted stock units of Kemper equal to the number of cancelled restricted shares multiplied by 2.0031, without interest and less any applicable withholding for taxes.
- [F4]Pursuant to the Merger Agreement, outstanding Company performance share units became fully vested at the effective time of the Merger in accordance with the terms of the Merger Agreement and then converted into the right to receive a number of shares of common stock of Kemper, par value $0.01 per share ("Kemper Common Stock"), equal to the target number of shares of Company Common Stock underlying the vested Company performance share units multiplied by 2.0031,without interest and less any applicable withholding for taxes.
- [F5]Pursuant to the Merger Agreement, effective as of the effective time of the Merger, these shares of Company Common Stock were converted Into the right to receive, at the election of the stockholder, (i) $51.60 in cash and 1.2019 shares of Kemper Common Stock, without interest and less any applicable withholding for taxes, (ii) $129.00 in cash, without interest and less any applicable withholding for taxes, of (iii) $49.58 in cash and 1,2332 shares of Kemper Common Stock, without interest and less any applicable withholding for taxes.
Documents
Issuer
INFINITY PROPERTY & CASUALTY CORP
CIK 0001195933
Entity typeother
Related Parties
1- filerCIK 0001349187
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 4:34 PM ET
- Size
- 13.1 KB