MARKEL GROUP INC. — Director's Dealing 2016

Mar 14, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARKEL CORP (MKL)
CIK: 0001096343
Period of Report: 2015-08-25

Reporting Person: KIRSHNER ALAN I (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-08-25	Common Stock	P	0.6377	$862.50	Acquired	14.7355	Indirect
2016-03-10	Common Stock	J	0.0637	$884.98	Acquired	14.7992	Indirect
2016-03-10	Common Stock	J	0.0621	$884.98	Acquired	28774.6834	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	989.185	Indirect
Common Stock	269.194	Indirect

Footnotes

F1: The balance, which was previously unreported due to inadvertent oversight, includes an internal share transfer on December 31, 2003 of 10.454 shares (purchase price unknown), and purchases of 0.442 at $339.91, 1.595 at $345.00 and 1.6068 at $342.31 on December 6, 2004, May 18, 2005, and July 28, 2010, respectively.

F2: Beneficial ownership of securities is expressly disclaimed.

F3: Shares acquired pursuant to, or bonus shares granted under, Markel Corporation Employee Stock Purchase and Bonus Plan.

F4: Holdings under the Markel Corporation 401(K) Plan are reported in units. The information reported herein is based on a plan statement dated as of December 31, 2015 and utilizes the closing stock price on that date of $883.35 per share. As of December 31, 2015, a unit under the Plan represented one share of Common Stock.