4//SEC Filing
BROWNE MICHAEL L 4
Accession 0001170961-12-000009
CIK 0000792013other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 2:52 PM ET
Size
16.2 KB
Accession
0001170961-12-000009
Insider Transaction Report
Form 4
BROWNE MICHAEL L
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Stock Option (Right-to-Buy)
2012-05-01$30.82/sh−141,640$4,365,345→ 0 totalExercise: $29.18→ Common Stock (141,640 underlying) - Disposition to Issuer
Common Stock
2012-05-01$60.00/sh−208,883$12,532,980→ 0 total - Disposition to Issuer
Stock Option (Right-to-Buy)
2012-05-01$23.49/sh−114,230$2,683,263→ 0 totalExercise: $36.51→ Common Stock (114,230 underlying) - Disposition to Issuer
Stock Option (Right-to-Buy)
2012-05-01$25.50/sh−71,810$1,831,155→ 0 totalExercise: $34.50→ Common Stock (71,810 underlying) - Disposition to Issuer
Stock Option (Right-to-Buy)
2012-05-01$26.06/sh−120,735$3,146,354→ 0 totalExercise: $33.94→ Common Stock (120,735 underlying) - Disposition to Issuer
RSU (Performance-based)
2012-05-01$60.00/sh−22,015$1,320,900→ 0 totalExercise: $0.00→ Common Stock (22,015 underlying)
Footnotes (3)
- [F1]Shares of Harleysville Group common stock were cancelled and converted, pursuant to the Agreement and Plan of Merger dated September 28, 2011, by and among Harleysville Mutual, Nationwide Mutual, Nationals Sub, Inc. and Harleysville Group Inc., providing for the merger of Harleysville Mutual with and into Nationwide Mutual and Harleysville Group, Inc. with and into Nationals Sub, Inc. (the "Subsidiary Merger"), into the right to receive $60.00 in cash per share.
- [F2]These RSUs vested at target at the effective time of the Subsidiary Merger and were then cancelled and converted into the right to receive a cash payment of $60.00 per share.
- [F3]At the time of the Subsidiary Merger, all stock options vested, were cancelled and converted into the right to receive a cash payment per share equal to the excess of (a) $60.00 minus (b) the exercise price payable with respect to such share of common stock subject to such option.
Documents
Issuer
HARLEYSVILLE GROUP INC
CIK 0000792013
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001036833
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 2:52 PM ET
- Size
- 16.2 KB