Form 4 for SAFT SAFETY INSURANCE GROUP INC
Accepted 2024-03-04 00:00:00 ET · period of report 2024-02-27 · accession 0001415889-24-006442 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-03-04 | 2024-02-27 | SAFT | Varga Stephen Albert | VP - MIS | J - Other | $0.00 | -1,406 | 26.3K | -5% | $0 | |
| M | 2024-03-04 | 2024-02-27 | SAFT | Varga Stephen Albert | VP - MIS | A - Grant | $0.00 | +4,828 | 31.1K | +18% | $0 |
| M | 2024-03-04 | 2024-03-01+ | SAFT | Varga Stephen Albert | VP - MIS | F - Tax | $80.40 | -1,715 | 30.1K | -5% | -$137.9K |
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 | 2024-02-27 | J | D | 1,406 | $0.00 | 26,252 | D | — | — | (F1) Represents the difference between performance shares, with a three year performance period, that were granted on February 24, 2021 and actual shares earned at the end of the performance period on December 31, 2023. Final shares were approved by the Compensation Committee on February 27, 2024. |
| 2 | Common | Common Stock | 2024-02-27 | A | A | 2,234 | $0.00 | 28,486 | D | — | — | (F2) Represents restricted stock awards effective February 27, 2024, with respect to which sale or transfer rights shall vest over three years with installments of 30% on February 27, 2025, 30% on February 27, 2026, and the remaining 40% on February 27, 2027, provided the grantee meets certain employment conditions. |
| 3 | Common | Common Stock | 2024-03-04 | F | D | 709 | $80.44 | 29,365 | D | — | — | (F4) Represents securities delivered in payment of a tax liability with respect to vesting of securities issued in accordance with Rule 16b-3. |
| 4 | Common | Common Stock | 2024-03-01 | F | D | 1,006 | $80.37 | 30,074 | D | — | — | (F4) Represents securities delivered in payment of a tax liability with respect to vesting of securities issued in accordance with Rule 16b-3. |
| 5 | Common | Common Stock | 2024-02-27 | A | A | 2,594 | $0.00 | 31,080 | D | — | — | (F3) Represents restricted stock awards granted effective February 27, 2024 with respect to which sale or transfer rights will vest over a three-year performance period commencing on January 1, 2024 and ending on December 31, 2026. 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 2027. |