0001415889-18-000002.txt : 20180102
0001415889-18-000002.hdr.sgml : 20180102
20180102130856
ACCESSION NUMBER: 0001415889-18-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180101
FILED AS OF DATE: 20180102
DATE AS OF CHANGE: 20180102
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Nieman F. Kyle III
CENTRAL INDEX KEY: 0001477723
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-28249
FILM NUMBER: 18500999
MAIL ADDRESS:
STREET 1: 804 EAST CHICAGO AVENUE
CITY: NAPERVILLE
STATE: IL
ZIP: 60540
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AMERINST INSURANCE GROUP LTD
CENTRAL INDEX KEY: 0001065201
STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE CARRIERS, NEC [6399]
IRS NUMBER: 980207447
STATE OF INCORPORATION: D0
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: CEDAR MANAGEMENT LIMITED, 25 CHURCH ST.
STREET 2: CONTINENTAL BLDG, , P.O. BOX HM 1601
CITY: HAMILTON
STATE: D0
ZIP: HMGX
BUSINESS PHONE: 4412963973
MAIL ADDRESS:
STREET 1: CEDAR MANAGEMENT LIMITED, 25 CHURCH ST.
STREET 2: CONTINENTAL BLDG, , P.O. BOX HM 1601
CITY: HAMILTON
STATE: D0
ZIP: HMGX
4
1
form4-01022018_100143.xml
X0306
4
2018-01-01
0001065201
AMERINST INSURANCE GROUP LTD
NONE
0001477723
Nieman F. Kyle III
C/O AMERINST INSURANCE GROUP, LTD
HAMILTON
D0
HMGX
BERMUDA
false
true
false
false
PRESIDENT, CEO OF SUBSIDIARY
Employee Stock Options
30
2018-01-01
4
A
0
5000
0
A
2018-01-01
2028-01-01
Common Stock
5000
5000
D
The exercise price is equal to the net book value of the issuer's common stock as of December 31, 2018, which is currently estimated to be approximately $30.00 per share. The reporting person will amend this Form 4 if the actual net book value per share of the issuer's common stock, based on the issuer's audited financial statements as of and for the year ended December 31, 2017, differs from the amount estimated.
Options vest in five equal annual installments beginning on the first anniversary of the date of grant.
/s/ F. Kyle Nieman, III
2018-01-01