William R. Berkley Jr - Aug 16, 2021 Form 4 Insider Report for BERKLEY W R CORP (WRB)

Role
President and CEO, Director
Signature
William R. Berkley, Jr.
Stock symbol
WRB
Transactions as of
Aug 16, 2021
Transactions value $
-$154,340
Form type
4
Date filed
8/18/2021, 05:27 PM
Previous filing
Aug 9, 2021
Next filing
Jun 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRB Common Stock Award $0 +49.4K +2.83% $0.00 1.8M Aug 16, 2021 Direct F1
transaction WRB Common Stock Tax liability -$154K -2.08K -0.12% $74.35 1.8M Aug 16, 2021 Direct F2, F3
holding WRB Common Stock 600K Aug 16, 2021 By William R. Berkley 2011 GST Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of tranches of performance-based restricted stock units ("RSUs") granted in 2017 and 2018 under the W. R. Berkley Corporation 2018 Stock Incentive Plan (or its predecessor plan) for the three-year performance period ending June 30, 2022 (26,029 shares) and June 30, 2023 (23,409 shares).
F2 Represents payment of tax liability by withholding securities incident to the vesting of performance-based RSUs.
F3 Includes 1,194,339 shares of common stock underlying RSUs, all of which have vested (the receipt of which has been deferred) and does not include unvested shares of common stock underlying performance-based RSUs.