Filing Details
- Accession Number:
- 0001194794-10-000045
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-05-28 13:00:00
- Reporting Period:
- 2010-05-28
- Filing Date:
- 2010-05-28
- Accepted Time:
- 2010-05-28 14:36:57
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1127703 | Proassurance Corp | PRA | Fire, Marine & Casualty Insurance (6331) | 631261433 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1194768 | T Victor Adamo | C/O Proassurance Corporation 100 Brookwood Place Birmingham AL 35209-6811 | President | Yes | 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 | Disposition | 2010-05-28 | 11,302 | $59.05 | 35,041 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Share Units | $0.00 | 2,500 | 2,500 | Direct | ||
Common Stock | Employee Stock Option (Right to Buy) | $54.28 | 2008-09-01 | 2018-09-01 | 15,000 | 15,000 | Direct |
Common Stock | Employee Stock Option (Right to Buy) | $51.48 | 2007-09-10 | 2017-09-10 | 15,000 | 15,000 | Direct |
Common Stock | Employee Stock Option (Right to Buy) | $51.38 | 2006-09-11 | 2016-09-11 | 15,000 | 15,000 | Direct |
Common Stock | Employee Stock Option (Right to Buy) | $41.15 | 2005-09-10 | 2015-09-10 | 37,500 | 37,500 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2,500 | 2,500 | Direct | |
2018-09-01 | 15,000 | 15,000 | Direct |
2017-09-10 | 15,000 | 15,000 | Direct |
2016-09-11 | 15,000 | 15,000 | Direct |
2015-09-10 | 37,500 | 37,500 | Direct |
Footnotes
- Weighted average of sale prices, which ranged from $59.00 to $59.10. The Reporting Person has provided to the issuer, and further undertakes to provide to the SEC staff or a security holder of the Issuer upon request, full information regarding the number of shares sold at each separate price.
- Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of ProAssurance Corporation common stock, issueable from the ProAssurance 2008 Equity Incentive Plan. The RSUs will vest if the reporting person remains continuously employed by ProAssurance or one of its subsidiaries until February 26, 2012 (three years from date of grant). Vesting will accelerate upon termination of employment as the result of (i) death; (ii) disability; or (iii) Good Reason, as defined in the reporting person's employment agreement with ProAssurance Corporation, or by action of the Compensation Committee of the ProAssurance Corporation Board of Directors. The RSUs will be settled in shares of ProAssurance Common Stock and in cash, with the cash portion being approximately equal to the federal, state, and local taxes.
- The options vest in five equal, yearly installments commencing on September 1, 2008
- The options vest in five equal, yearly installments commencing on September 10, 2007
- The options vest in five equal, yearly installments commencing on September 11, 2006
- The options vest in five equal, yearly installments commencing on September 10, 2005