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SAFT Safety Insurance Group Inc

78.82
-0.23 (-0.29%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Safety Insurance Group Inc NASDAQ:SAFT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.23 -0.29% 78.82 76.00 87.77 80.08 78.21 78.51 32,056 22:30:00

Initial Statement of Beneficial Ownership (3)

11/03/2020 6:31pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Whitford Christopher Thomas
2. Date of Event Requiring Statement (MM/DD/YYYY)
3/2/2020 

3. Issuer Name and Ticker or Trading Symbol

SAFETY INSURANCE GROUP INC [SAFT]
(Last)        (First)        (Middle)

20 CUSTOM HOUSE STREET
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
VP, CFO and Secretary /
(Street)

BOSTON, MA 02110      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 8238 (1)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Includes a restricted stock award of 3,293 shares effective February 26, 2020, with respect to which sale or transfer rights for 1,492 of these shares shall vest with installments of 30% on February 26, 2021, 30% on February 26, 2022, and the remaining 40% on February 26, 2023, provided the grantee meets certain employment conditions. Sale or transfer rights for the remaining 1,801 shares will vest over a three-year performance period commencing on January 1, 2020 and ending on December 31, 2022. Vesting of these 1,801 shares is dependent upon the attainment of pre-established performance objectives, and any difference between shares granted and shares earned at the end of the performance period will be reported at the conclusion of the performance period in 2023.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Whitford Christopher Thomas
20 CUSTOM HOUSE STREET
BOSTON, MA 02110


VP, CFO and Secretary

Signatures
/s/Christopher T. Whitford3/11/2020
**Signature of Reporting PersonDate

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