BALDWIN & LYONS INC 4
4 · BALDWIN & LYONS INC · Filed May 11, 2007
Insider Transaction Report
Form 4
BALDWIN & LYONS INCBWINA / B
DEVITO JOSEPH J
DirectorPresident and C.O.O.
Transactions
- Exercise of In-Money
Right to buy (option)
2007-05-11−12,500→ 27,500 totalExercise: $20.60From: 2000-12-18Exp: 2007-12-18→ Class B Common (12,500 underlying) - Sale
Class B Common
2007-05-09$26.36/sh−10,000$263,600→ 122,630 total - Exercise/Conversion
Class B common
2007-05-11$25.87/sh+12,500$323,375→ 135,130 total
Holdings
- 1,087
Class A Common