William R. Berkley Jr - Aug 15, 2022 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 15, 2022
Transactions value $
-$274,434
Form type
4
Date filed
8/17/2022, 05:21 PM
Previous filing
Jun 15, 2022
Next filing
Jun 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRB Common Stock Award $0 +99.4K +3.68% $0.00 2.8M Aug 15, 2022 Direct F1
transaction WRB Common Stock Tax liability -$274K -4.17K -0.15% $65.78 2.79M Aug 15, 2022 Direct F2, F3
holding WRB Common Stock 900K Aug 15, 2022 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, 2018 and 2019 under the W. R. Berkley Corporation 2018 Stock Incentive Plan (or its predecessor plan) for the three-year performance period ending June 30, 2022 (consisting of 39,043 shares; 35,114 shares; and 25,217 shares, respectively).
F2 Represents payment of tax liability by withholding securities incident to the vesting of performance-based RSUs.
F3 Includes 1,886,713 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.