| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VRSK | Stock Option | Options Exercise | $0 | -1.09K | -8.34% | $0.00 | 12K | Jun 12, 2023 | Common Stock | 1.09K | $80.19 | Direct | F2, F3 |
| transaction | VRSK | Stock Option | Options Exercise | $0 | -1.21K | -8.33% | $0.00 | 13.3K | Jun 12, 2023 | Common Stock | 1.21K | $81.14 | Direct | F2, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | These shares were sold pursuant to a 10b5-1 plan that Mr. Daffan entered into on March 10, 2023 in order to cover the exercise price of the corresponding stock options and related tax obligation. |
| F2 | Stock Options outstanding under the Issuer's 2013 Equity Incentive Plan. |
| F3 | Immediately. |