PENN AMERICA GROUP INC 4
4 · PENN AMERICA GROUP INC · Filed Dec 8, 2004
Insider Transaction Report
Form 4
SALTZMAN IRVIN
Director
Transactions
- Exercise/Conversion
Common Stock
2004-12-07$4.00/sh+112,500$450,000→ 112,500 total - Exercise/Conversion
Non-Qualified Stock Options (Right to Buy)
1993-10-28+112,500→ 112,500 totalExercise: $4.00From: 1994-10-28Exp: 2004-12-31→ Common Stock (112,500 underlying)