BALDWIN & LYONS INC 4
4 · BALDWIN & LYONS INC · Filed May 5, 2006
Insider Transaction Report
Form 4
BALDWIN & LYONS INCBWINA / B
DEVITO JOSEPH J
DirectorPresident and C.O.O.
Transactions
- Sale
Class A Common Stock
2006-05-04$26.50/sh−3,600$95,400→ 1,087 total - Sale
Class B Common
2006-05-04$26.02/sh−6,348$165,175→ 103,965 total
Holdings
- 93,750
Right to buy (option)
Exercise: $20.60From: 2000-12-18Exp: 2007-12-18→ Class B Common (93,750 underlying)