SHAPIRO NORTON 4
4 · BALDWIN & LYONS INC · Filed May 10, 2018
Insider Transaction Report
Form 4
BALDWIN & LYONS INCBWINA / B
SHAPIRO NORTON
Director10% Owner
Transactions
- Award
Class B Common Stock
2018-05-08+1,735→ 15,664 total
Holdings
- 1,799,375(indirect: Various)
Class B Common Stock
- 7,500
Class A Common Stock
- 755,009(indirect: Various)
Class A Common Stock
Footnotes (2)
- [F1]Owned by (a) Gelbart Fur Dressers (not Inc.), (178,500 shares of Class A and 714,000 shares of Class B) and Jay Ell Company (not Inc.), (41,250 shares of Class A and 165,000 shares of Class B) limited partnerships; (b) Diversified Enterprises (not Inc.), (178,125 shares of Class A and 559,500 shares of Class B) a general partnership; (c) Shapiro Family L.P. - Gift Share (353,250 shares of Class A and 360,875 shares of Class B); and (d) Emlin Cosmetics, Inc. (3,884 shares of Class A). Beneficial ownership is shared by the undersigned and other family members for all shares owned by these entities.
- [F2]Shares represent restricted stock granted in lieu of certain cash director's fees. Restricted stock vests and is distributable on May 8, 2019.