COMMERCE GROUP INC /MA 4
4 · COMMERCE GROUP INC /MA · Filed Sep 7, 2004
Insider Transaction Report
Form 4
COCHRANE DAVID H
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2004-09-02$30.80/sh+56,576$1,742,541→ 56,576 total - Sale
Common Stock
2004-09-02$48.00/sh−54,200$2,601,600→ 2,376 total - Sale
Common stock
2004-09-02$48.01/sh−1,576$75,664→ 800 total - Sale
Common stock
2004-09-02$48.02/sh−100$4,802→ 700 total - Sale
Common stock
2004-09-02$48.03/sh−200$9,606→ 500 total - Sale
Common stock
2004-09-02$48.04/sh−300$14,412→ 200 total - Sale
Common stock
2004-09-02$48.06/sh−200$9,612→ 0 total - Exercise/Conversion
Common stock
2004-09-03$30.80/sh+600$18,480→ 600 total - Sale
Common stock
2004-09-03$48.00/sh−600$28,800→ 0 total - Exercise/Conversion
Option to purchase common stock
2004-09-02−56,576→ 600 totalExercise: $30.80From: 2004-04-06Exp: 2009-04-07→ Common stock (56,576 underlying) - Exercise/Conversion
Option to purchase common stock
2004-09-03−600→ 0 totalExercise: $30.80From: 2004-04-06Exp: 2009-04-07→ Common stock (600 underlying)
Holdings
- 16,277(indirect: See)
Common stock
[F1]
Footnotes (1)
- [F1]The reporting person indirectly beneficially owns 16,277 shares that are held by the Employee Stock Ownership Plan of The Commerce Group, Inc., which number of shares is calculated based on the units that have been credited to the reporting person as a participant in the ESOP and is subject to adjustment from time to time due, in part, to unit value and the price per share of the common stock.
Signature
/s/ David H. Cochrane|2004-09-07