BALDWIN & LYONS INC 4
4 · BALDWIN & LYONS INC · Filed May 3, 2006
Insider Transaction Report
Form 4
BALDWIN & LYONS INCBWINA / B
FRENZEL OTTO N III
Director
Transactions
- Exercise/Conversion
Class B Common
2006-05-02$24.56/sh+1,682$41,310→ 38,714 total - Exercise of In-Money
Right to buy (option)
2006-05-02$24.56/sh−1,682$41,310→ 0 totalExercise: $1.00From: 2005-01-03Exp: 2015-04-02→ Class B Common (1,682 underlying) - Expiration (Short)
Right to buy (option)
2006-05-02−1,500→ 0 totalExercise: $26.00From: 2005-05-04Exp: 2011-05-04→ Class B Common (0 underlying)
Holdings
- 4,687
Class A Common
Footnotes (1)
- [F1]Option voluntarily withdrawn and cancelled with no compensation.