1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Option to Purchase Common Stock
|
06/06/2014(1)
|
06/06/2023 |
Common Stock, $.01 par value
|
83,643
|
$
10.5
|
D
|
Â
|
Restricted Stock Units
|
Â
(2)
|
Â
(2)
|
Common Stock, $.01 par value
|
5,388
|
$
(3)
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
On June 6, 2013, 148,700 options were granted to the Reporting Person under the 2013 Equity Incentive Plan. 25% of the options granted vested on June 6, 2014, the first anniversary of the grant date. The remaining 75% of the options have continued to vest and will continue to vest pro rata quarterly over the three-year period following June 6, 2014. |
(2) |
On February 27, 2015, Mr. Rendall received restricted stock units representing 5,388 shares subject to a three-year vesting schedule, vesting 33 1/3% on the first, second and third anniversaries of the grant date. As restricted stock units vest, the vested units are automatically converted to vested common stock on a one-for-one basis on the vesting date. |
(3) |
Each restricted stock unit represents a contingent right to receive one share of National General Holdings Corp.'s common stock. |