HANCOCK PAUL J 4
4 · BERKLEY W R CORP · Filed Mar 4, 2010
Insider Transaction Report
Form 4
HANCOCK PAUL J
SVP - Chief Corporate Actuary
Transactions
- Exercise/Conversion
Common Stock
2010-03-02$3.06/sh+15,187$46,472→ 103,062 total - Award
Common Stock
2010-03-02+12,000→ 87,875 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2010-03-02−15,187→ 0 totalExercise: $3.06Exp: 2010-03-16→ Common Stock (15,187 underlying)
Footnotes (4)
- [F1]Represents restricted stock units granted under the W. R. Berkley Corporation 2003 Stock Incentive Plan that are scheduled to vest on March 2, 2015.
- [F2]Includes 66,375 restricted stock units, 30,375 of which have vested (the receipt of which have been deferred) and the balance of which are scheduled to vest as follows: 12,000 on December 5, 2010, 12,000 on December 17, 2012 and 12,000 on March 2, 2015.
- [F3]This stock option grant was originally reported as covering 6,000 shares with an exercise price of $15.50 per share and has been adjusted to reflect the 3-for-2 stock splits of July 2002, August 2003, April 2005 and April 2006.
- [F4]Stock option grant vested in four equal installments on March 16, 2003, March 16, 2004, March 16, 2005 and March 16, 2006.