Richard M. Baio - 16 Aug 2021 Form 4 Insider Report for BERKLEY W R CORP (WRB)

Role
EVP & CFO
Signature
Richard M. Baio
Issuer symbol
WRB
Transactions as of
16 Aug 2021
Net transactions value
-$15,018
Form type
4
Filing time
18 Aug 2021, 17:29:31 UTC
Previous filing
09 Aug 2021
Next filing
17 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRB Common Stock Award $0 +5,484 +9.3% $0.000000 64,595 16 Aug 2021 Direct F1
transaction WRB Common Stock Tax liability $15,018 -202 -0.31% $74.34 64,393 16 Aug 2021 Direct F2, F3
holding WRB Common Stock 8,818 16 Aug 2021 By 401(k) Plan
* 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 (2,603 shares) and June 30, 2023 (2,881 shares).
F2 Represents payment of tax liability by withholding securities incident to the vesting of performance-based RSUs.
F3 Includes 64,393 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.