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PROASSURANCE CORP — Director's Dealing 2024
May 23, 2024
32066_dirs_2024-05-23_95a2ee04-f15c-4dda-8657-ee1d9354394a.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: 2024-05-23
Reporting Person: VANCE KATISHA TERRELL (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-23 | Common Stock | A | 13988 | $14.57 | Acquired | 30058 | 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 2024 Proxy Statement) and was approved by our Board of Directors at its meeting on May 22, 2024. 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 was determined using the closing price of a share of stock on the New York Stock Exchange (NYSE) on the day following the Board of Directors meeting following the Annual Meeting of Shareholders. The NYSE closing price on May 23, 2024 was $14.57, resulting in a distribution to each non-management director of 6,520 shares. The remaining 7,468 shares represent compensation for services to the Board for the preceding twelve months.