0000009346-21-000074.txt : 20210603 0000009346-21-000074.hdr.sgml : 20210603 20210603172316 ACCESSION NUMBER: 0000009346-21-000074 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210601 FILED AS OF DATE: 20210603 DATE AS OF CHANGE: 20210603 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SHAPIRO NATHAN CENTRAL INDEX KEY: 0001017636 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-05534 FILM NUMBER: 21993631 MAIL ADDRESS: STREET 1: 111 CONGRESSIONAL BLVD STREET 2: STE 500 CITY: CARMEL STATE: IN ZIP: 46032 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Protective Insurance Corp CENTRAL INDEX KEY: 0000009346 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 350160330 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 111 CONGRESSIONAL BLVD STREET 2: STE 500 CITY: CARMEL STATE: IN ZIP: 46032 BUSINESS PHONE: 317-452-7426 MAIL ADDRESS: STREET 1: 111 CONGRESSIONAL BLVD STREET 2: STE 500 CITY: CARMEL STATE: IN ZIP: 46032 FORMER COMPANY: FORMER CONFORMED NAME: BALDWIN & LYONS INC DATE OF NAME CHANGE: 19930908 FORMER COMPANY: FORMER CONFORMED NAME: BALDWIN H C AGENCY INC DATE OF NAME CHANGE: 19720309 4 1 form4.xml X0306 4 2021-06-01 true 0000009346 Protective Insurance Corp PTVCA/B 0001017636 SHAPIRO NATHAN 111 CONGRESSIONAL BLVD STE 500 CARMEL IN 46032 true true Class A Common Stock 2021-06-01 4 D 0 217921 23.3 D 0 I Various Class A Common Stock 2021-06-01 4 D 0 423951 23.3 D 0 I Various Class B Common Stock 2021-06-01 4 D 0 4222 23.3 D 0 D Class B Common Stock 2021-06-01 4 D 0 468750 23.3 D 0 I Various Class B Common Stock 2021-06-01 4 D 0 803997 23.3 D 0 I Various Pursuant to the Agreement and Plan of Merger, dated as of February 14, 2021 (the "Merger Agreement"), by and among Protective Insurance Corporation (the "Company"), The Progressive Corporation ("Progressive") and Carnation Merger Sub Inc., a wholly-owned indirect subsidiary of Progressive ("Merger Sub"), at the effective time (the "Effective Time") of the merger of Merger Sub with and into the Company, which Effective Time occurred on June 1, 2021, each outstanding share of the Company's Class A Common Stock and Class B Common Stock (other than certain excluded shares and the outstanding time-based restricted stock awards granted under the Company's equity incentive plan) was cancelled and automatically converted into the right to receive an amount in cash equal to $23.30, without interest and less any applicable withholding taxes. Owned by NS (Florida) Associates Inc. (173,062 shares of Class A and 453,750 shares of Class B), and New Horizon (Florida) Enterprises Inc. (44,859 shares of Class A and 15,000 shares of Class B). Owned by the Shapiro Family Investment Partnership - Nathan Share (128,410 shares of Class A and 462,640 shares of Class B), the Nathan Shapiro Revocable Trust dated 10/7/1987 (274,166 shares of Class A and 255,857 shares of Class B), and Illinois Diversified Company, LLC (21,375 shares of Class A and 85,500 shares of Class B). Beneficial ownership is shared by the undersigned and other family members for all shares owned by these entities. John R. Barnett on behalf of Nathan Shapiro 2021-06-03