Form 4 for WRB W. R. Berkley Corporation
Accepted 2022-08-17 00:00:00 ET · period of report 2022-08-15 · accession 0001062993-22-018293 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-08-17 | 2022-08-15 | WRB | Welt Philip S | EVP, GC, Sec | A - Grant | $0.00 | +3,686 | 105.1K | +4% | $0 | |
| 2022-08-17 | 2022-08-15 | WRB | Welt Philip S | EVP, GC, Sec | F - Tax | $65.78 | -417 | 104.6K | -0.4% | -$27.4K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-08-15 | A | A | 3,686 | $0.00 | 105,065 | D | — | — | (F1) Represents the vesting of a tranche of performance-based restricted stock units ("RSUs") granted in 2019 under the W. R. Berkley Corporation 2018 Stock Incentive Plan for the three-year performance period ending June 30, 2022. (F2) On March 23, 2022, the Company's common stock split on a 3-for-2 basis (the "Stock Split"), resulting in an increase of 14,229 shares of common stock underlying vested RSUs beneficially owned by the reporting person. |
| 2 | Common | Common Stock | 2022-08-15 | F | D | 417 | $65.78 | 104,648 | D | — | — | (F3) Represents payment of tax liability by withholding securities incident to the vesting of RSUs. (F4) Includes 55,126 shares of common stock underlying RSUs, 52,179 of which have vested (the receipt of which has been deferred) and the balance of 2,947 is scheduled to vest on August 15, 2023; and does not include unvested shares of common stock underlying performance-based RSUs. |