HILB ROGAL & HOBBS CO 4
4 · HILB ROGAL & HOBBS CO · Filed Sep 13, 2006
Insider Transaction Report
Form 4
ROYSTER SCOTT R
Director
Transactions
- Award
Common Stock
2006-09-11$42.59/sh+61$2,598→ 350 total - Award
Common Stock
2006-09-12$43.41/sh+60$2,605→ 410 total
Holdings
- 10,000
Stock Options (Right to buy)
Exercise: $36.59From: 2007-01-18Exp: 2013-07-18→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]Nonemployee Directors Stock Incentive Plan grants shares of common stock of Company to Director in lieu of cash fees. Grants are increased by 30% if director elects to receive 100% of compensation in common stock to encourage maximization of at-risk compensation. Shares are physically issued quarterly and are rounded down to the nearest whole number.