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STEWART INFORMATION SERVICES CORP — Director's Dealing 2020
Feb 11, 2020
31685_dirs_2020-02-11_c3d4d119-2813-4908-834d-cd375bc90a64.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: Hisey David C (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-07 | Common Stock | M | 2276 | — | Acquired | 22616 | Direct |
| 2020-02-07 | Common Stock | F | 686 | $39.76 | Disposed | 21930 | Direct |
| 2020-02-07 | Common Stock | M | 2307 | — | Acquired | 24237 | Direct |
| 2020-02-07 | Common Stock | F | 817 | $39.76 | Disposed | 23420 | Direct |
| 2020-02-07 | Common Stock | M | 2380 | — | Acquired | 25800 | Direct |
| 2020-02-07 | Common Stock | F | 712 | $39.76 | Disposed | 25088 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-07 | Restricted Stock Unit | $ | M | 2307 | Disposed | Common Stock (2307) | Direct | |
| 2020-02-07 | Restricted Stock Unit | $ | M | 2380 | Disposed | Common Stock (2380) | Direct | |
| 2020-02-07 | Restricted Stock Unit | $ | A | 9557 | Acquired | Common Stock (9557) | Direct | |
| 2020-02-07 | Stock Option | $39.76 | A | 71250 | Acquired | 2030-02-07 | Common Stock (71250) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of STC Common Stock.
F2: On March 9, 2018 and February 25, 2019, the reporting person was granted 6,923 and 7,141 restricted stock units, respectively, each vesting in three equal annual installments.
F3: The restricted stock units will vest in three equal annual installments beginning February 7, 2021.
F4: 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.