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PROASSURANCE CORP — Director's Dealing 2023
May 24, 2023
32066_dirs_2023-05-24_71603004-67fd-4d14-853a-72fb0f1cd0be.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PROASSURANCE CORP (PRA)
CIK: 0001127703
Period of Report: 2023-05-24
Reporting Person: Gorrie Magnus James (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-24 | Common Stock | A | 7468 | $12.72 | Acquired | 36477 | Direct |
Footnotes
F1: These shares are awarded under the ProAssurance Corporation Director Deferred Stock Compensation Plan and are exempt under Rule 16b-3. This grant was recommended by the Compensation Committee, which is composed entirely of independent directors (as disclosed on page 12 of our 2023 Proxy Statement), and was approved by our Board of Directors at its meeting on May 24, 2023. This year, the recommended and approved stock compensation grant was for shares having a value not to exceed $95,000. The number of whole shares is determined using the closing price of a share of stock on the New York Stock Exchange (NYSE) on the day of the Board of Directors meeting following the Annual Meeting of Shareholders. The NYSE closing price on May 24, 2023 was $12.72, resulting in a distribution to each non-management director of 7,468 shares.