SHOOK KEVIN MERRICK (President of a Subsidiary) exercised options at PROASSURANCE CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

SHOOK KEVIN MERRICK

Filed: 3/6/2024ACC: 0001704084-24-000007

InsiderSHOOK KEVIN MERRICKCIK 1352241

→

IssuerPROASSURANCE CORPCIK 1127703

Officer· President of a Subsidiary

Since Mar 2019

-5.41K

Net shares

Net seller

$66.9K

Total sold

Open market trades

0B · 0S

Total transactions

12.11K acquired · 17.52K disposed

Non-Derivative Transactions3

Common Stock

Direct

M · Option Exercise

+8.13K

Price / share

$12.36

Trade value

$100.44K

% of position

32.5%

3/6/2024

25.04K→33.17K

Common Stock

Direct

M · Option Exercise

+3.98K

Price / share

$12.36

Trade value

$49.19K

% of position

12.0%

3/6/2024

33.17K→37.15K

Common Stock

Direct

F · Tax Withholding

−5.41K

Price / share

$12.36

Trade value

$66.92K

% of position

14.6%

3/6/2024

37.15K→31.73K

Total

Net shares

+6.69K

Net value

$82.71K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/6/2024	M · Option Exercise	+8.13K	$12.36	$100.44K	32.5%	25.04K	33.17K
Common Stock Direct	3/6/2024	M · Option Exercise	+3.98K	$12.36	$49.19K	12.0%	33.17K	37.15K
Common Stock Direct	3/6/2024	F · Tax Withholding	−5.41K	$12.36	$66.92K	14.6%	37.15K	31.73K
Total			+6.69K		$82.71K

Derivative Transactions2

Restricted Share Units

Direct

M · Option Exercise

Converts to

Common Stock

3.98K shares

−3.98K

Strike price

Held after

0.00

Exercisable

—

3/6/2024

Restricted Share Units

Direct

M · Option Exercise

Converts to

Common Stock

8.13K shares

−8.13K

Strike price

Held after

0.00

Exercisable

—

3/6/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Share Units Direct	Common Stock3.98K shares	3/6/2024	M · Option Exercise	−3.98K		—	0.00
Restricted Share Units Direct	Common Stock8.13K shares	3/6/2024	M · Option Exercise	−8.13K		—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)2

Restricted Share Units

Direct

Underlying security

Common Stock

Underlying shares

7.96K

Shares owned

7.96K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

9.08K

Shares owned

9.08K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

17.05K

Owned

17.05K

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Share Units Direct	Common Stock	—	—	7.96K	7.96K
Restricted Stock Units Direct	Common Stock	—	—	9.08K	9.08K
Total				17.05K	17.05K