HILB ROGAL & HOBBS CO 4
4 · HILB ROGAL & HOBBS CO · Filed Jan 3, 2008
Insider Transaction Report
Form 4
FIONDELLA ROBERT W
Director
Transactions
- Award
Common Stock
2008-01-01$40.57/sh+517.62$21,000→ 18,499.17 total(indirect: By Trust) - Award
Common Stock
2008-01-01$40.57/sh+57.62$2,338→ 18,556.79 total(indirect: By Trust)
Holdings
- 31,922
Common Stock
- 10,000
Stock Options (Right to buy)
Exercise: $19.88From: 2001-11-02Exp: 2011-05-02→ Common Stock (10,000 underlying) - 2,789
Stock Options (Right to buy)
Exercise: $43.00From: 2007-11-01Exp: 2014-05-01→ Common Stock (2,789 underlying)
Footnotes (2)
- [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 20% 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.
- [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.