Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
UNION FIRST MARKET BANKSHARES CORPORATION
(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
905399101
(CUSIP Number)
D. Michael Jones
Markel Corporation
4521 Highwoods Parkway
Glen Allen, Virginia 23260
(804) 747-0136
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
August 5, 2013
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because § 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g) check the following box ¨.
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.
SCHEDULE 13D
CUSIP No. 905399101 |
1 |
Names of reporting persons. I.R.S. Identification nos. of above persons (entities only).
Markel Corporation 54-1959284 | |||||
2 | Check the appropriate box if a member of a group (a) ¨ (b) ¨
| |||||
3 | SEC use only
| |||||
4 | Source of funds
OO | |||||
5 | Check box if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) ¨
| |||||
6 | Citizenship or place of organization
Virginia | |||||
Number of shares beneficially owned by each reporting person with
|
7 | Sole voting power
1,189,214 | ||||
8 | Shared voting power
0 | |||||
9 | Sole dispositive power
1,189,214 | |||||
10 | Shared dispositive power
0 | |||||
11 |
Aggregate amount beneficially owned by each reporting person
1,189,214 | |||||
12 | Check box if the aggregate amount in Row (11) excludes certain shares ¨
| |||||
13 | Percent of class represented by amount in Row (11)
4.8% | |||||
14 | Type of reporting person
CO, HC |
Note: This Amendment No. 4 amends and supplements the Schedule 13D originally filed with the Securities and Exchange Commission on February 11, 2010, as amended on February 13, 2013, March 7, 2013 and July 1, 2013. Capitalized terms used in this Amendment No. 4 and not defined herein have the respective meanings ascribed to such terms in the Schedule 13D, as previously amended.
Item 5. | Interest in Securities of the Issuer. |
Item 5 is hereby amended and restated as follows:
(a) As of the date hereof, Markel beneficially owns 1,189,214 shares of the Issuers common stock, which represents approximately 4.8% of the outstanding shares of the class. The percentage calculation is based on 24,885,653 shares outstanding, which reflects the number of shares outstanding as of August 1, 2013, as reported by the Issuer. The ownership of the Issuers common stock by the Listed Persons is provided on Schedule A annexed hereto and is incorporated herein.
(b) Markel has sole voting and dispositive power with regard to the shares of common stock described in Item 5(a).
(c) Schedule B annexed hereto lists all the transactions in the Issuers common stock by Markel and Steven A. Markel during the past 60 days. There were no transactions in the Issuers common stock by Thomas S. Gayner during the past 60 days.
(d) No person other than Markel is known to have the right to receive, or the power to direct the receipt of, dividends from, or proceeds from the sale of, the shares of common stock reported in this Statement.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: August 12, 2013
Markel Corporation | ||
By: | /s/ D. Michael Jones | |
Name: | D. Michael Jones | |
Title: | General Counsel and Secretary |
SCHEDULE A
Name |
Position and Present Principal Occupation | Shares of Issuers Common Stock Owned | ||
Alan I. Kirshner |
Chairman of the Board and Chief Executive Officer, Markel Corporation | -0- | ||
Anthony F. Markel |
Vice Chairman of the Board, Markel Corporation | -0- | ||
Steven A. Markel |
Vice Chairman of the Board, Markel Corporation | -0- | ||
Gerard Albanese, Jr. |
Executive Vice President and Chief Underwriting Officer, Markel Corporation | -0- | ||
J. Alfred Broaddus, Jr. |
Director, Markel Corporation; Private Investor; Retired President, Federal Reserve Bank of Richmond | -0- | ||
F. Michael Crowley |
President and Co-Chief Operating Officer, Markel Corporation | -0- | ||
Douglas C. Eby |
Director, Markel Corporation; Private Investor; Retired President, Torray LLC | -0- | ||
Britton L. Glisson |
Chief Administrative Officer, Markel Corporation | -0- | ||
Stewart M. Kasen |
Director, Markel Corporation; Retired President and Chief Executive Officer, S&K Famous Brands, Inc. | -0- | ||
Lemuel E. Lewis |
Director, Markel Corporation; Retired Executive Vice President and Chief Financial Officer, Landmark Communications, Inc. | -0- | ||
Darrell D. Martin |
Director, Markel Corporation; Retired Executive Vice President and Chief Financial Officer, Markel Corporation | -0- | ||
Jay M. Weinberg |
Director, Markel Corporation; Chairman Emeritus, Hirschler Fleischer | -0- | ||
Debora J. Wilson |
Director, Markel Corporation; Retired President and Chief Executive Officer, The Weather Channel | -0- |
Michael OReilly |
Director, Markel Corporation; Retired | -0- | ||
K. Bruce Connell |
Director, Markel Corporation; Retired | -0- | ||
Thomas S. Gayner |
President and Chief Investment Officer, Markel Corporation | 100* | ||
Richard R. Whitt, III |
President and Co-Chief Operating Officer, Markel Corporation | -0- | ||
Bradley J. Kiscaden |
Executive Vice President and Chief Actuarial Officer, Markel Corporation | -0- | ||
Anne G. Waleski |
Vice President and Chief Financial Officer, Markel Corporation | -0- |
* | Represents less than 1% of the Issuers shares. |
Each of the above named persons is a U.S. citizen.
The principal business address for each of the persons listed above is c/o Markel Corporation, 4521 Highwoods Parkway, Glen Allen, Virginia 23060.
SCHEDULE B
Reporting Person |
Date | Transaction | Number of Shares | Price Per Share | Nature of Transaction | |||||||||
Markel Corporation |
6/17/2013 | Sale | 108,500 | $ | 20.0591 | Open market sale | ||||||||
Markel Corporation |
6/18/2013 | Sale | 57,500 | $ | 20.0401 | Open market sale | ||||||||
Markel Corporation |
6/19/2013 | Sale | 1,300 | $ | 20.0000 | Open market sale | ||||||||
Markel Corporation |
6/20/2013 | Sale | 26,399 | $ | 19.90 | Open market sale | ||||||||
Markel Corporation |
6/21/2013 | Sale | 12,201 | $ | 20.0083 | Open market sale | ||||||||
Markel Corporation |
6/24/2013 | Sale | 14,722 | $ | 20.0035 | Open market sale | ||||||||
Markel Corporation |
6/25/2013 | Sale | 19,378 | $ | 20.0051 | Open market sale | ||||||||
Steven A. Markel |
7/01/2013 | Sale | 16,040 | $ | 20.8067 | Open market sale | ||||||||
Markel Corporation |
7/24/2013 | Sale | 60,000 | $ | 22.7053 | Open market sale | ||||||||
Markel Corporation |
7/25/2013 | Sale | 124,000 | $ | 22.7366 | Open market sale | ||||||||
Markel Corporation |
7/26/2013 | Sale | 24,000 | $ | 22.5256 | Open market sale | ||||||||
Markel Corporation |
7/29/2013 | Sale | 500 | $ | 22.5030 | Open market sale | ||||||||
Markel Corporation |
7/30/2013 | Sale | 1,900 | $ | 22.4658 | Open market sale | ||||||||
Markel Corporation |
7/31/2013 | Sale | 4,225 | $ | 22.4276 | Open market sale | ||||||||
Markel Corporation |
8/01/2013 | Sale | 5,000 | $ | 22.3171 | Open market sale | ||||||||
Markel Corporation |
8/02/2013 | Sale | 28,500 | $ | 22.3547 | Open market sale | ||||||||
Markel Corporation |
8/05/2013 | Sale | 95,000 | $ | 22.4016 | Open market sale | ||||||||
Markel Corporation |
8/09/2013 | Sale | 126,000 | $ | 22.3111 | Open market sale |
The sales by Markel Corporation dated June 17 through June 25 listed in the table above were previously reported in Amendment No. 3 to the Companys Schedule 13D filed with the Securities and Exchange Commission.