COMMERCE GROUP INC /MA 4
4 · COMMERCE GROUP INC /MA · Filed May 21, 2008
Insider Transaction Report
Form 4
BECKER RANDALL V
DirectorSr. Vice Pres. & CFO
Transactions
- Gift
Common stock
2008-05-12−5,500→ 142,894 total - Gift
Common stock
2008-05-19−5,500→ 137,394 total
Holdings
- 14,734(indirect: See)
Common stock
- 10,753(indirect: See)
Common stock
- 51,162(indirect: See)
Common stock
- 37,244(indirect: See)
Common stock
Footnotes (5)
- [F1]51,162 shares are owned by the reporting person's wife.
- [F2]37,244 shares are owned by a trust for the benefit of the undersigned's sons of which the undersigned is the trustee.
- [F3]The reporting person's wife indirectly beneficially owns 14,734 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.
- [F4]The reporting person indirectly beneficially owns 10,753 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 reporting person 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 the Securities Exchange Act of 1934, as amended, a beneficial owner of these shares.