HILB ROGAL & HOBBS CO 4
4 · HILB ROGAL & HOBBS CO · Filed Aug 1, 2005
Insider Transaction Report
Form 4
FIONDELLA ROBERT W
Director
Transactions
- Award
Common Stock
2005-08-01$33.89/sh+421.95$14,300→ 12,922.79 total(indirect: By Trust)
Holdings
- 10,000
Common Stock
- 10,000
Stock Options (Right to buy)
Exercise: $10.81From: 1999-12-09Exp: 2009-06-09→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]Directors' Deferred Plan purchases common stock of Company, which is held in trust under the terms of the Hilb, Rogal and Hamilton Amended and Restated Outside Directors Deferral Plan. Directors electing to receive 100% of compensation in common stock receive a 30% bonus grant of stock to encourage maximazation of at-risk compensation. Dividends are reinvested by the trustee. Deferred stock will be paid out in shares at the time selected by the director, either a lump sum or a series of distributions over a period of years.