HILB ROGAL & HOBBS CO 4
4 · HILB ROGAL & HOBBS CO · Filed Jun 2, 2008
Insider Transaction Report
Form 4
UKROP ROBERT S
Director
Transactions
- Award
Common Stock
2008-06-01$30.96/sh+77.52$2,400→ 23,648.87 total(indirect: By Trust)
Holdings
- 31,882
Common Stock
- 10,000
Stock Options (Right to buy)
Exercise: $14.38From: 2000-11-03Exp: 2010-05-03→ Common Stock (10,000 underlying) - 4,937
Stock Options (Right to buy)
Exercise: $28.99From: 2008-11-06Exp: 2015-05-06→ Common Stock (4,937 underlying) - 2,789
Stock Options (Right to buy)
Exercise: $43.00From: 2007-11-01Exp: 2014-05-01→ Common Stock (2,789 underlying) - 2,500(indirect: Investment Club)
Common Stock
Footnotes (1)
- [F1]Directors' Deferred Plan purchases common stock of Company, which is held in trust under the terms of the Hilb Rogal & Hobbs 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.