Form 4 for SAFT SAFETY INSURANCE GROUP INC
Accepted 2022-02-28 00:00:00 ET · period of report 2022-02-23 · accession 0001179110-22-001671 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-02-28 | 2022-02-23+ | SAFT | Whitford Christopher Thomas | VP, CFO, Sec | F - Tax | $80.39 | -781 | 15.8K | -5% | -$62.8K |
| M | 2022-02-28 | 2022-02-23+ | SAFT | Whitford Christopher Thomas | VP, CFO, Sec | S - Sale | $80.37 | -172 | 16.0K | -1% | -$13.8K |
| M | 2022-02-28 | 2022-02-23 | SAFT | Whitford Christopher Thomas | VP, CFO, Sec | A - Grant | $0.00 | +4,542 | 16.4K | +38% | $0 |
| 2022-02-28 | 2022-02-23 | SAFT | Whitford Christopher Thomas | VP, CFO, Sec | J - Other | $0.00 | +219 | 16.6K | +1% | $0 |
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 | 2022-02-23 | F | D | 41 | $85.74 | 11,842 | D | — | — | (F2) Represents securities delivered in payment of a tax liability with respect to vesting of securities issued in accordance with Rule 16b-3. (F1) Securities sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 17, 2021. |
| 2 | Common | Common Stock | 2022-02-23 | S | D | 9 | $85.74 | 11,833 | D | — | — | (F1) Securities sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 17, 2021. |
| 3 | Common | Common Stock | 2022-02-23 | A | A | 2,118 | $0.00 | 13,951 | D | — | — | (F3) Represents restricted stock awards effective February 23, 2022, with respect to which sale or transfer rights shall vest over three years with installments of 30% on February 23, 2023, 30% on February 23, 2024, and the remaining 40% on February 23, 2025, provided the grantee meets certain employment conditions. |
| 4 | Common | Common Stock | 2022-02-23 | A | A | 2,424 | $0.00 | 16,375 | D | — | — | (F4) Represents restricted stock awards granted effective February 23, 2022 with respect to which sale or transfer rights will vest over a three-year performance period commencing on January 1, 2022 and ending on December 31, 2024. Vesting of these shares is dependent upon the attainment of pre-established performance objectives, and any difference between shares granted and shares earned at the end of the performance period will be reported at the conclusion of the performance period in 2025. |
| 5 | Common | Common Stock | 2022-02-25 | S | D | 63 | $83.37 | 15,691 | D | — | — | (F1) Securities sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 17, 2021. |
| 6 | Common | Common Stock | 2022-02-24 | F | D | 452 | $78.00 | 16,142 | D | — | — | (F2) Represents securities delivered in payment of a tax liability with respect to vesting of securities issued in accordance with Rule 16b-3. (F1) Securities sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 17, 2021. |
| 7 | Common | Common Stock | 2022-02-24 | S | D | 100 | $78.00 | 16,042 | D | — | — | (F1) Securities sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 17, 2021. |
| 8 | Common | Common Stock | 2022-02-25 | F | D | 288 | $83.37 | 15,754 | D | — | — | (F2) Represents securities delivered in payment of a tax liability with respect to vesting of securities issued in accordance with Rule 16b-3. (F1) Securities sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 17, 2021. |
| 9 | Common | Common Stock | 2022-02-23 | J | A | 219 | $0.00 | 16,594 | D | — | — | (F5) Represents the difference between performance shares, with a three year performance period, that were granted on February 26, 2019 and actual shares earned at the end of the performance period on December 31, 2021. Final shares were approved by the Compensation Committee on February 23, 2022. |