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STEWART INFORMATION SERVICES CORP — Director's Dealing 2020
Feb 11, 2020
31685_dirs_2020-02-11_5ae1e8eb-aa68-488f-9404-3217c0c40851.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: STEWART INFORMATION SERVICES CORP (STC)
CIK: 0000094344
Period of Report: 2020-02-07
Reporting Person: EPPINGER FREDERICK H (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-07 | Common Stock | P | 5923 | $39.75 | Acquired | 24941 | Direct |
| 2020-02-10 | Common Stock | P | 20500 | $39.93 | Acquired | 45441 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-07 | Restricted Stock Unit | $ | A | 19240 | Acquired | Common Stock (19240) | Direct | |
| 2020-02-07 | Stock Option | $39.76 | A | 143437 | Acquired | 2030-02-07 | Common Stock (143437) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $39.67 to $39.83 inclusive. The reporting person undertakes to provide to Stewart Information Services Corp. ("STC"), any security holder of STC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the rane set forth in this footnote 1.
F2: The price reported in Column 4 is a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $39.76 to $40.05 inclusive. The reporting person undertakes to provide to STC, any security holder of STC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the rane set forth in this footnote 1.
F3: Each restricted stock unit represents a contingent right to receive one share of STC Common Stock.
F4: The restricted stock units will vest in three equal annual installments beginning February 7, 2021.
F5: The stock options will vest in three installments as follows: 20% on February 7, 2021, 30% on February 7, 2022, and 50% on February 7, 2023.