Thomas Dare - May 6, 2024 Form 4 Insider Report for OLD REPUBLIC INTERNATIONAL CORP (ORI)

Role
SrVP Secretary General Counsel
Signature
By Victoria Pool, Power of Attorney for Thomas Dare
Stock symbol
ORI
Transactions as of
May 6, 2024
Transactions value $
-$69,406
Form type
4
Date filed
5/8/2024, 02:23 PM
Previous filing
Mar 19, 2024
Next filing
May 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORI Common Stock Options Exercise $30K +1.5K +3.14% $19.98 49.3K May 6, 2024 Direct F1
transaction ORI Common Stock Options Exercise $115K +5.5K +11.16% $20.98 54.8K May 6, 2024 Direct F1
transaction ORI Common Stock Tax liability -$175K -5.71K -10.42% $30.62 49.1K May 6, 2024 Direct F1, F2
transaction ORI Common Stock Sale -$40K -1.29K -2.63% $30.95 47.8K May 6, 2024 Direct F1
holding ORI Common Stock 5.1K May 6, 2024 By 401K

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 2017 Employee Stock Option Options Exercise $0 -1.5K -100% $0.00* 0 May 6, 2024 Common Stock 1.5K $19.98 Direct F3
transaction ORI 2018 Employee Stock Option Options Exercise $0 -5.5K -100% $0.00* 0 May 6, 2024 Common Stock 5.5K $20.98 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 30,015 unvested RSAs.
F2 Pursuant to a "net exercise" of outstanding stock options, the Company withheld a portion of the shares of common stock to be acquired upon exercise for payment of the exercise price and tax.
F3 This grant vested over 5 years beginning on the date indicated at the rate of 10% the first year, 15% the second year, 20% the third year, 25% the fourth year, and 30% the fifth year.