Ebers Kevin H 4
4 · BERKLEY W R CORP · Filed Dec 4, 2009
Insider Transaction Report
Form 4
Ebers Kevin H
SVP - Information Technology
Transactions
- Exercise/Conversion
Employee Stock Option (Right to Buy)
2009-12-03−15,188→ 0 totalExercise: $4.27Exp: 2010-05-09→ Common Stock (15,188 underlying) - Sale
Common Stock
2009-12-03$24.72/sh−7,000$173,039→ 25,669 total - Exercise/Conversion
Common Stock
2009-12-03$4.27/sh+15,188$64,853→ 40,857 total
Holdings
- 4,418(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.71 to $24.723, inclusive. The reporting person undertakes to provide to W. R. Berkley Corporation, any security holder of W. R. Berkley Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- [F2]Includes 23,875 shares of common stock underlying restricted stock units, 3,375 of which have vested (the receipt of which have been deferred) and the balance of which are scheduled to vest as follows: 10,500 on August 2, 2010 and 10,000 on December 17, 2012.
- [F3]Between June 30, 2009 and December 2, 2009, the reporting person acquired approximately 5 shares of W. R. Berkley Corportion common stock under the W. R. Berkley Corporation Profit Sharing Plan. The number of shares in this report is based on a statement of account dated as of December 2, 2009.
- [F4]This option became exercisable in four equal installments on May 9, 2003, May 9, 2004, May 9, 2005 and May 9, 2006.