HILB ROGAL & HOBBS CO 4
4 · HILB ROGAL & HOBBS CO · Filed Oct 2, 2007
Insider Transaction Report
Form 4
HILB ROBERT H
Director
Transactions
- Award
Common Stock
2007-10-01$43.33/sh+484$20,972→ 124,326 total
Holdings
- 20,000(indirect: By Spouse)
Common Stock
- 2,789
Stock Options (Right to buy)
Exercise: $43.00From: 2007-11-01Exp: 2014-11-01→ Common Stock (2,789 underlying) - 10,000
Stock Options (Right to buy)
Exercise: $8.81From: 1998-11-06Exp: 2008-05-06→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Nonemployee Directors Stock Incentive Plan grants shares of common stock of Company to Director in lieu of cash fees. Grants are increased by 20% if director elects to receive 100% of cash 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.
- [F2]Shares are issued under this plan quarterly and rounded down to the nearest whole share.