HILB ROGAL & HOBBS CO 4
4 · HILB ROGAL & HOBBS CO · Filed Jan 3, 2008
Insider Transaction Report
Form 4
ROYSTER SCOTT R
Director
Transactions
- Award
Common Stock
2008-01-01$40.57/sh+517$20,975→ 4,139 total
Holdings
- 2,789
Stock Options (Right to buy)
Exercise: $43.00From: 2007-11-01Exp: 2014-05-01→ Common Stock (2,789 underlying) - 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 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.