The shares vest annually over a four year period with one-fifth of the LTIP stock award vesting immediately on February 22, 2014, and one-fifth vesting each February for the subsequent four years.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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Other recent filings from the company include the following:
Meadowbrook Insurance: Svp & Chief Financial Officer - Oct. 2, 2014