Craig R. Smiddy - Mar 16, 2023 Form 4 Insider Report for OLD REPUBLIC INTERNATIONAL CORP (ORI)

Signature
William J. Dasso, Power of Attorney for Craig R. Smiddy
Stock symbol
ORI
Transactions as of
Mar 16, 2023
Transactions value $
$0
Form type
4
Date filed
3/20/2023, 05:04 PM
Previous filing
May 27, 2022
Next filing
Jun 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORI Common Stock Award $0 +82K +104.35% $0.00 161K Mar 16, 2023 Direct F1
holding ORI Common Stock 32.6K Mar 16, 2023 By ESSOP

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ORI 2023 Employee Stock Option Award $0 +200K $0.00 200K Mar 16, 2023 Common Stock 200K $24.31 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Common Stock award is restricted and subject to certain forfeiture conditions and vests in three equal annual installments beginning March 16, 2024. No consideration was paid for these shares, although they were awarded when the Common Stock was valued at $24.31 per share. The 2023 Employee Stock Option award is subject to certain forfeiture conditions and vests in three equal annual installments beginning March 16, 2024.