Richard M. Baio - Aug 15, 2023 Form 4 Insider Report for BERKLEY W R CORP (WRB)

Role
EVP & CFO
Signature
Richard M. Baio
Stock symbol
WRB
Transactions as of
Aug 15, 2023
Transactions value $
-$35,611
Form type
4
Date filed
8/17/2023, 04:39 PM
Previous filing
Apr 25, 2023
Next filing
Aug 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WRB Common Stock Award $0 +12.3K +11.19% $0.00 122K Aug 15, 2023 Direct F1
transaction WRB Common Stock Tax liability -$35.6K -564 -0.46% $63.14 121K Aug 15, 2023 Direct F2, F3
holding WRB Common Stock 13.6K Aug 15, 2023 By 401(k) Plan
* 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 2018, 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 4,323 shares; 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 119,669 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.