FRENZEL OTTO N III 5
5 · BALDWIN & LYONS INC · Filed Jan 13, 2005
Insider Transaction Report
Form 5
BALDWIN & LYONS INCBWINA / B
FRENZEL OTTO N III
Director
Transactions
- Award
Right to buy (option)
2004-05-04$26.00/sh+1,500$39,000→ 1,500 totalExercise: $26.00From: 2005-05-05Exp: 2011-05-04→ Class B Common (1,500 underlying)
Holdings
- 37,033
Class B Common Stock
- 1,084
Right to buy (option)
Exercise: $1.00From: 2005-01-03Exp: 2014-10-02→ Class B Common (1,084 underlying) - 4,688
Class A Common Stock
Footnotes (1)
- [F1]Options become exercisable one year from the date of issuance and expire ten years and one day from the date of issuance. Options previously reported on Forms 4 and 5 have expiration dates ranging from January 3, 2014 through October 2, 2014. The price paid for the options was equal to and in lieu of cash directors fees.