Stephen J. Oberst - Mar 16, 2023 Form 4 Insider Report for OLD REPUBLIC INTERNATIONAL CORP (ORI)

Role: Executive Vice President
Signature: William J. Dasso, Power of Attorney for Stephen J. Oberst
Stock symbol: ORI
Transactions as of: Mar 16, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/20/2023, 05:05 PM
Previous filing: Nov 2, 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	+35K	+95.18%	$0.00	71.8K	Mar 16, 2023	Direct	F1
holding	ORI	Common Stock						88.2K	Mar 16, 2023	By ESSOP
holding	ORI	Common Stock						34	Mar 16, 2023	By Son

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	+90K		$0.00	90K	Mar 16, 2023	Common Stock	90K	$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.

Content

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.