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EIG > SEC Filings for EIG > Form 8-K on 17-Dec-2013All Recent SEC Filings

Show all filings for EMPLOYERS HOLDINGS, INC.

Form 8-K for EMPLOYERS HOLDINGS, INC.


17-Dec-2013

Other Events


Item 8.01. Other Events.

On December 13, 2013, William E. "Ric" Yocke, Executive Vice President and Chief Financial Officer of Employers Holdings, Inc. (the "Company"), entered into a pre-arranged trading plan in accordance with the requirements specified in Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended, to exercise and sell up to 60,500 stock options over time. In addition, Mr. Yocke, as Trustee of The Virginia D. and William E. Yocke Family Trust also entered into a pre-arranged trading plan in accordance with the requirements specified in Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended, to sell up to 28,000 shares of the Company's common stock over time. Shares may be sold under the trading plans on the open market at prevailing market prices and subject to minimum price thresholds specified in the trading plans. Mr. Yocke entered into the trading plans for investment diversification.
Rule 10b5-1 trading plans permit individuals who are not then in possession of material non-public information to establish pre-arranged plans to buy or sell the Company's common stock. Trading plans can minimize the market effect of insider purchases or sales by spreading these purchases or sales over a more extended period than the limited trading "windows" designated by the Company's Insider Trading Policy.
The Trading plans referred to above were entered into during the Company's Open Trading Window and Mr. Yocke represented that he was not in possession of any material, non-public information. Each of the trading plans is scheduled to terminate on May 29, 2015 and may be terminated earlier by Mr. Yocke, subject to applicable securities laws and the Company's Insider Trading Policy. Transactions under these trading plans will be publicly reported to the Securities Exchange Commission in accordance with applicable securities laws, rules, and regulations.

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