Filing Details

Accession Number:
0001209191-18-018792
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-12 15:20:25
Reporting Period:
2018-03-08
Accepted Time:
2018-03-12 15:20:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
793547 Navigators Group Inc NAVG Fire, Marine & Casualty Insurance (6331) 133138397
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1666622 Iii L Carl Bach C/O The Navigators Group, Inc.
400 Atlantic Street, 8Th Floor
Stamford CT 06901
Managing Director Nual (Sub) No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2018-03-08 2,000 $56.51 15,541 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Units Acquisiton 2018-03-08 3,000 $0.00 3,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,000 No 4 A Direct
Footnotes
  1. The price reported in Column 4 is a weighed average price. These shares were sold in multiple transactions at prices ranging from $56.505 to $56.55, inclusive. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
  2. Excludes unvested shares of stock awards over which the Reporting Person does not have voting or dispositive control.
  3. 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.
  4. 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.