COMMERCE GROUP INC /MA 4
4 · COMMERCE GROUP INC /MA · Filed Jun 15, 2005
Insider Transaction Report
Form 4
REMILLARD ARTHUR J III
DirectorSr. Vice Pres. & Asst. Clerk
Transactions
- Sale
Common stock
2005-06-13$60.67/sh−41,000$2,487,470→ 493,729 total - Sale
Common stock
2005-06-14$60.50/sh−98,144$5,937,712→ 395,585 total
Holdings
- 14,650(indirect: See)
Common stock
- 153,073(indirect: See)
Common stock
- 81,260(indirect: See)
Common stock
- 22,855(indirect: See)
Common stock
Footnotes (5)
- [F1]14,650 shares are owned by a trust for the benefit of the undersigned and his family of which the undersigned is co-trustee
- [F2]81,260 shares are owned by the undersigned's wife
- [F3]22,855 shares are owned by a trust for the benefit of the undersigned's children of which the undersigned is co-trustee
- [F4]The reporting person indirectly beneficially owns 153,073 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 the unit value and the price per share of the common stock
- [F5]The filing of this statement by the undersigned is not to be construed as and shall not be deemed to be an admission that the undersigned is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, a beneficial owner of these shares