WILLIAM R. BERKLEY JR - 15 Aug 2022 Form 4 Insider Report for BERKLEY W R CORP (WRB)

Role
President and CEO, Director
Signature
William R. Berkley, Jr.
Issuer symbol
WRB
Transactions as of
15 Aug 2022
Transactions value $
-$274,434
Form type
4
Filing time
17 Aug 2022, 17:21:30 UTC
Previous filing
15 Jun 2022
Next filing
14 Jun 2023
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 +99.4K +3.68% $0.00 2.8M 15 Aug 2022 Direct F1
transaction WRB Common Stock Tax liability -$274K -4.17K -0.15% $65.78 2.79M 15 Aug 2022 Direct F2, F3
holding WRB Common Stock 900K 15 Aug 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.