Philip S. Welt - 15 Aug 2023 Form 4 Insider Report for BERKLEY W R CORP (WRB)

Role
EVP & Secretary
Signature
Philip S. Welt
Issuer symbol
WRB
Transactions as of
15 Aug 2023
Net transactions value
-$22,920
Form type
4
Filing time
17 Aug 2023, 16:38:01 UTC
Previous filing
17 Aug 2022
Next filing
19 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRB Common Stock Award $0 +7,951 +7.6% $0.000000 112,599 15 Aug 2023 Direct F1
transaction WRB Common Stock Tax liability $22,920 -363 -0.32% $63.14 112,236 15 Aug 2023 Direct F2, F3
holding WRB Common Stock 15,114 15 Aug 2023 By ESPP
* 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 2019 and 2020 under the W. R. Berkley Corporation 2018 Stock Incentive Plan for the three-year performance period ending June 30, 2023 (consisting of 3,686 shares; and 4,265 shares, respectively).
F2 Represents payment of tax liability by withholding securities incident to the vesting of RSUs.
F3 Includes 62,714 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.