Filing Details

Accession Number:
0001365555-12-000020
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-10-17 16:57:58
Reporting Period:
2012-10-17
Filing Date:
2012-10-17
Accepted Time:
2012-10-17 16:57:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1365555 Amtrust Financial Services Inc. AFSI Fire, Marine & Casualty Insurance (6331) 043106389
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1380824 Jr E Ronald Pipoly C/O Amtrust Financial Services, Inc.
59 Maiden Lane, 6Th Floor
New York NY 10038
Chief Financial Officer 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 Acquisiton 2012-10-17 13,200 $6.36 84,596 No 4 M Direct
Common Stock Disposition 2012-10-17 7,575 $24.79 77,021 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option Disposition 2012-10-17 13,200 $0.00 13,200 $6.36
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
232,925 2007-02-09 2016-02-09 No 4 M Direct
Footnotes
  1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 16, 2011.
  2. On August 6, 2012, AmTrust Financial Services, Inc. declared a 10% stock dividend payable on September 20, 2012 to all holders of record of common stock as of September 4, 2012. As a result, the reporting person received 6,490 shares of AmTrust Financial Services, Inc. common stock on September 20, 2012.
  3. Shares sold to satisfy income tax withholding liabilities and payment of the option exercise price.
  4. The price included in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.5122 to $24.9539 per share, inclusive. The reporting person undertakes to provide to AmTrust Financial Services, Inc. or any of its security holders, 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 4.
  5. Pursuant to anti-dilution provisions in AmTrust Financial Services, Inc.'s 2010 Omnibus Incentive Plan, this option was previously reported as an option for 223,750 shares of common stock at an exercise price of $7.00 per share, but was adjusted to reflect the 10% stock dividend declared by AmTrust Financial Services, Inc. on August 6, 2012 and payable on September 20, 2012.