COMMERCE GROUP INC /MA 4
4 · COMMERCE GROUP INC /MA · Filed Mar 10, 2008
Insider Transaction Report
Form 4
REMILLARD REGAN P
Director
Transactions
- Gift
Common stock
2008-03-04−4,150→ 360,363 total
Holdings
- 20,293(indirect: see)
Common stock
- 5,413
Stock option
Exercise: $30.36From: 2007-02-16Exp: 2017-02-15→ Common stock (5,413 underlying) - 29,300(indirect: see)
Common stock
Footnotes (3)
- [F1]29,300 shares held in a trust for the benefit of the undersigned, who is co-trustee of the trust.
- [F2]The reporting person indirectly beneficially owns 20,293 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.
- [F3]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 benefical owner of these shares.