FORM 4
[X] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Lehman Meyer T
2. Issuer Name and Ticker or Trading Symbol

EMC INSURANCE GROUP INC [ EMCI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
_____ Officer (give title below)    __X__ Other (specify below)
Chief Actuary
(Last)          (First)          (Middle)

EMPLOYERS MUTUAL CASUALTY COMPANY, PO BOX 712
3. Date of Earliest Transaction (MM/DD/YYYY)

9/19/2019
(Street)

DES MOINES, IA 50306
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
EMCI-Common Stock  9/19/2019    D(1)    758.962  D $36  113  I  Spouse 
EMCI-Common Stock  9/19/2019    D(2)    113  D $36  0  I  Spouse 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units  $0.0  9/19/2019    D        226   3/1/2018  3/1/2021  Common Stock  226.0 (3) $0  0  I  Spouse 
Restricted Stock Units  $0.0  9/19/2019    D        339   3/1/2019  3/1/2022  Common Stock  339.0 (4) $0  0  I  Spouse 
Restricted Stock Units   (5) 9/19/2019    D        452   3/1/2020  3/1/2023  Common Stock  452.0 (6) $0  0  I  Spouse 
Restricted Stock Units  $0.0  9/19/2019    D        1689   3/1/2019  3/1/2022  Common Stock  1689.0 (4) $0  0  D   
Restricted Stock Units  $0.0  9/19/2019    D        2252   3/1/2020  3/1/2023  Common Stock  2252.0 (6) $0  0  D   

Explanation of Responses:
(1)  In connection with the merger of EMC Insurance Group Inc. and a subsidiary of Employers Mutual Casualty Company, pursuant to an agreement and plan of merger dated May 8, 2019 (the "Merger Agreement"), all shares of EMC Insurance Group Inc. common stock were cancelled and automatically converted into the right to receive $36.00 per share, without interest.
(2)  This restricted stock award which provided for vesting in four equal annual installments beginning March 1, 2017, was cancelled and converted into the right to receive the cash payment from Employers Mutual Casualty Company as specified in the Merger Agreement, if and when the applicable vesting conditions in the original award are met (the product of the merger consideration of $36.00 per share multiplied by the total number of shares of common stock underlying each RSA).
(3)  This restricted stock unit award which provided for vesting in four equal annual installments beginning March 1, 2018, was cancelled and converted into the right to receive from Employers Mutual Casualty Company the cash payment specified in the Merger Agreement if and when the applicable vesting conditions in the original award are met (the product of the merger consideration of $36.00 per share multiplied by the total number of shares of common stock underlying each RSU).
(4)  This restricted stock unit award which provided for vesting in four equal annual installments beginning March 1, 2019, was cancelled and converted into the right to receive from Employers Mutual Casualty Company the cash payment specified in the Merger Agreement if and when the applicable vesting conditions in the original award are met (the product of the merger consideration of $36.00 per share multiplied by the total number of shares of common stock underlying each RSU).
(5)  $0
(6)  This restricted stock unit award which provided for vesting in four equal annual installments beginning March 1, 2020, was cancelled and converted into the right to receive from Employers Mutual Casualty Company the cash payment specified in the Merger Agreement if and when the applicable vesting conditions in the original award are met (the product of the merger consideration of $36.00 per share multiplied by the total number of shares of common stock underlying each RSU).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Lehman Meyer T
EMPLOYERS MUTUAL CASUALTY COMPANY
PO BOX 712
DES MOINES, IA 50306



Chief Actuary

Signatures
Meyer T. Lehman 9/23/2019
**Signature of Reporting Person Date


EMC Insurance (NASDAQ:EMCI)
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EMC Insurance (NASDAQ:EMCI)
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부터 11월(11) 2023 으로 11월(11) 2024 EMC Insurance 차트를 더 보려면 여기를 클릭.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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