4//SEC Filing
BALDWIN & LYONS INC 4
Accession 0001017629-04-000001
CIK 0000009346operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 12:52 PM ET
Size
11.5 KB
Accession
0001017629-04-000001
Insider Transaction Report
Form 4
BALDWIN & LYONS INCBWINA / B
BILTON STUART D
Director
Transactions
- Exercise/Conversion
Class B Common
2004-01-02$28.10/sh+1,098$30,854→ 22,810 total - Exercise of In-Money
Right to buy (option)
2004-01-02$28.10/sh−1,098$30,854→ 8,350 totalExercise: $0.80From: 1995-01-03Exp: 2013-01-03→ Class B Common (1,098 underlying) - Award
Right to buy (option)
2003-04-01$18.87/sh+239$4,510→ 239 totalExercise: $1.00From: 2004-04-02Exp: 2013-04-01→ Class B Common (239 underlying) - Award
Right to buy (option)
2004-01-02$27.03/sh+111$3,000→ 111 totalExercise: $1.00From: 2005-01-03Exp: 2014-01-02→ Class B Common (111 underlying) - Award
Right to buy (option)
2003-07-01$22.68/sh+190$4,309→ 190 totalExercise: $1.00From: 2004-07-02Exp: 2013-07-01→ Class B Common (190 underlying) - Award
Right to buy (option)
2003-10-01$22.39/sh+201$4,500→ 201 totalExercise: $1.00From: 2004-10-02Exp: 2013-10-01→ Class B Common (201 underlying)
Footnotes (3)
- [F1]All information presented has been adjusted to reflect a 5-for-4 stock split effective February 17, 2003.
- [F2]Options become exercisable one year from the date of issuance and expire ten years and one day from the date of issuance. Exercise price for all options was $1.00 per share on the date of grant. For options previously reported on Forms 4 and 5, the expiration dates range from January 3, 2004 to January 3, 2013. The price paid for the options was equal to and in lieu of directors fees in the amount of $3,000 to $4,500 per quarter.
- [F3]The price paid for the options was equal to and in lieu of directors fees in the amount of $3,000 to $4,500 per quarter.
Documents
Issuer
BALDWIN & LYONS INC
CIK 0000009346
Entity typeoperating
IncorporatedIN
Related Parties
1- filerCIK 0000009346
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 12:52 PM ET
- Size
- 11.5 KB