DAVIS NORWOOD H JR 4/A
4/A · HILB ROGAL & HOBBS CO · Filed Jan 17, 2006
Insider Transaction Report
Form 4/AAmended
DAVIS NORWOOD H JR
Director
Transactions
- Award
Common Stock
2006-01-03$38.51/sh+21.68$835→ 9,427.08 total(indirect: By Trust) - Award
Common Stock
2006-01-03$38.51/sh+14.2$547→ 9,441.28 total(indirect: By Trust)
Holdings
- 75(indirect: By Trust)
Common Stock
- 4,000
Stock Options (Right to buy)
Exercise: $6.81From: 1997-11-07Exp: 2007-05-07→ Common Stock (4,000 underlying) - 1,000(indirect: Qualified Plan)
Common Stock
- 100,709
Common Stock
- 10,000
Stock Options (Right to buy)
Exercise: $8.81From: 1998-11-06Exp: 2008-05-06→ Common Stock (10,000 underlying) - 150(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Correction of a clerical error.
- [F2]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.