Leucadia National Corporation insider just picked up 1,177,480 shares

Joseph S Steinberg, an insider of Leucadia National Corporation, recently acquired 1,177,480 shares of the company. The buys took place at $0.00 per share, on July 01, 2019. Steinberg now owns 23,019,457 shares of the company. Steinberg operates out of New York, NY. Some additional info was provided as follows:


Acquisition pursuant to the Agreement and Plan of Merger by and among HomeFed Corporation ("HomeFed"), Jefferies Financial Group Inc. ("Jefferies") and Heat Merger Sub, LLC dated as of April 12, 2019, as amended by Amendment No. 1 to the Merger Agreement dated as of May 2, 2019 (as amended, the "Merger Agreement"), in exchange for common stock of HomeFed in the ratio of two shares of Jefferies for each share of HomeFed.
Includes 206,972 shares beneficial ly owned by Mr. Steinberg's wife and an aggregate of 19,856,696 shares held indirectly through corporations that are owned by Mr. Steinberg and trusts for the benefit of Mr. Steinberg's family.
Acquisition pursuant to the Merger Agreement in exchange for options to purchase shares of common stock of HomeFed in the ratio of two shares of Jefferies for each share of HomeFed (with a concurrent exercise price adjustment).
The options vest at a rate of 25% per year, commencing on August 8, 2019.
The options vest at a rate of 25% per year, commencing on August 4, 2018.
The options vest at a rate of 25% per year, commencing on July 14, 2017.
The options vest at a rate of 25% per year, commencing on July 15, 2016.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Major owner of Leucadia National Corporation just declared 0 ownership of the company. - Nov. 24, 2020
Quarterly report filed by institutional managers, Holdings - Nov. 13, 2020

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