Filing Details
- Accession Number:
- 0001365555-13-000175
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-09-17 17:19:39
- Reporting Period:
- 2013-09-17
- Filing Date:
- 2013-09-17
- Accepted Time:
- 2013-09-17 17:19:39
- 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, 43Rd Floor New York NY 10038 | Evp, 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 | 2013-09-17 | 17,721 | $5.79 | 208,749 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2013-09-17 | 5,040 | $12.02 | 213,789 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2013-09-17 | 5,042 | $11.55 | 218,831 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-09-17 | 13,950 | $37.01 | 204,881 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | M | Direct | |
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 | 2013-09-17 | 17,721 | $0.00 | 17,721 | $5.79 |
Common Stock | Stock Option | Disposition | 2013-09-17 | 5,040 | $0.00 | 5,040 | $12.02 |
Common Stock | Stock Option | Disposition | 2013-09-17 | 5,042 | $0.00 | 5,042 | $11.55 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
88,618 | 2007-02-09 | 2016-02-09 | No | 4 | M | Direct |
25,220 | 2008-10-24 | 2017-10-24 | No | 4 | M | Direct |
25,212 | 2009-08-25 | 2018-08-25 | No | 4 | M | Direct |
Footnotes
- The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 28, 2012.
- On August 6, 2013, AmTrust Financial Services, Inc. declared a 10% stock dividend payable on September 4, 2013 to all holders of record of common stock as of August 20, 2013. As a result, the reporting person received 17,367 shares of AmTrust Financial Services, Inc. common stock on September 4, 2013.
- Shares sold to satisfy income tax withholding liabilities and payment of the option exercise price.
- The price included in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.88 to $37.26 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 Commissions, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 4.
- Pursuant to the anti-dilution provisions in AmTrust Financial Services, Inc.'s 2010 Omnibus Incentive Plan, as amended, this option was previously reported as an option for 96,671 shares of common stock at an exercise price of $6.36 per share, but was adjusted to reflect the 10% stock dividend declared by AmTrust Financial Services, Inc. on August 6, 2013 and payable on September 4, 2013.
- Pursuant to the anti-dilution provisions in AmTrust Financial Services, Inc.'s 2010 Omnibus Incentive Plan, as amended, this option was previously reported as an option for 27,509 shares of common stock at an exercise price of $13.23 per share, but was adjusted to reflect the 10% stock dividend declared by AmTrust Financial Services, Inc. on August 6, 2013 and payable on September 4, 2013.
- Pursuant to the anti-dilution provisions in AmTrust Financial Services, Inc.'s 2010 Omnibus Incentive Plan, as amended, this option was previously reported as an option for 27,503 shares of common stock at an exercise price of $12.70 per share, but was adjusted to reflect the 10% stock dividend declared by AmTrust Financial Services, Inc. on August 6, 2013 and payable on September 4, 2013.