DeFalco Ciro M 4
4 · NAVIGATORS GROUP INC · Filed Mar 12, 2018
Insider Transaction Report
Form 4
DeFalco Ciro M
VP & Treasurer
Transactions
- Award
Performance Units
2018-03-08+10,619→ 10,619 total→ Common Stock (10,619 underlying)
Footnotes (2)
- [F1]Each performance unit represents a contingent right to receive the closing price of one share of NAVG common stock as of the date of vesting.
- [F2]Performance units vesting on March 2, 2021, subject to the Reporting Person's continued employment. The number of performance units that will vest, which can range from 50% to 150% of the performance units reported on this Form 4, depends on the attainment of certain performance targets over a three-year period ending December 31, 2020.