HCC INSURANCE HOLDINGS INC/DE/ 4
4 · HCC INSURANCE HOLDINGS INC/DE/ · Filed Jan 18, 2008
Insider Transaction Report
Form 4
ELLIS EDWARD H JR
DirectorExecutive Vice President
Transactions
- Exercise/Conversion
Common Stock
2008-01-17$18.33/sh+60,000$1,099,800→ 78,000 total - Exercise/Conversion
Option to Purchase
2008-01-17$18.33/sh−60,000$1,099,800→ 0 totalExercise: $18.33Exp: 2008-01-24→ Common Stock (150,000 underlying)
Holdings
- 100,000
Option to Purchase
Exercise: $28.53Exp: 2011-09-28→ Common Stock (100,000 underlying) - 50,000
Option to Purchase
Exercise: $33.18Exp: 2011-04-10→ Common Stock (50,000 underlying) - 18,000
Common Stock
- 37,500
Option to Purchase
Exercise: $15.65Exp: 2008-07-22→ Common Stock (37,500 underlying) - 375(indirect: By Spouse)
Common Stock
Footnotes (8)
- [F1]Option to purchase granted pursuant to the 2001 Flexible Incentive Plan.
- [F2]The options vest equally annually over a 5 year period beginning 1/24/03 at 30,000 shares per year.
- [F3]The options vest equally annually over a 5 year period beginning 07/22/03 at 7,500 shares per year.
- [F4]The options vest equally annually over a 5 year period beginning 01/03/04 at 7,500 shares per year.
- [F5]Option to purchase granted pursuant to the 2004 Flexible Incentive Plan.
- [F6]The options vest equally annually over a 4 year period beginning 09/28/06 at 25,000 shares per year.
- [F7]The options vest annually over a 3 year period at 16,667, 16,666 and 16,667 each year respectively beginning 04/10/07.
- [F8]The options vest annually over a 3 year period at 16,667, 16,666 and 16,667 each year respectively beginning 12/31/07.