4//SEC Filing
BALDWIN & LYONS INC 4
Accession 0001017636-14-000003
CIK 0000009346operating
Filed
Nov 24, 7:00 PM ET
Accepted
Nov 25, 11:21 AM ET
Size
12.2 KB
Accession
0001017636-14-000003
Insider Transaction Report
Form 4
BALDWIN & LYONS INCBWINA / B
SHAPIRO NATHAN
Director10% Owner
Transactions
- Purchase
Class A Common Stock
2014-11-24$23.49/sh+2,109$49,549→ 239,296 total(indirect: Various)
Holdings
- 146,645
Class A Common Stock
- 755,009(indirect: Various)
Class A Common Stock
- 107,366
Class B Common Stock
- 1,799,375(indirect: Various)
Class B Common Stock
- 46,875
Right to sell (put)
From: 1981-12-31→ Class A Common (46,875 underlying) - 613,125(indirect: Various)
Class B Common Stock
- 187,500
Right to sell (put)
From: 1981-12-31→ Class B Common (187,500 underlying)
Footnotes (3)
- [F1]Owned by (a) New Horizons, Inc., (44,859 shares of Class A and 32,000 shares of class B) of which the undersigned is controlling stockholder; (b) Illinois Diversified, (21,375 shares of Class A and 85,500 shares of Class B) a general partnership as to which beneficial ownership is held by the undersigned; and (c) NS Associates, Inc., (173,062 shares of Class A and 495,625 shares of Class B) of which the undersigned is the controlling shareholder.
- [F2]All puts are exercisable at any time at 90% of the Company's most recently published quarterly book value prior to the date of exercise. These rights have no expiration date.
- [F3]Owned by (a) Gelbart Fur Dressers (not Inc.), (178,500 shares of Class A and 714,000 shares of Class B) and Jay Ell Company (not Inc.), (41,250 shares of Class A and 165,000 shares of Class B) limited partnerships; (b) Diversified Enterprises (not Inc.), (178,125 shares of Class A and 559,500 shares of Class B) a general partnership; (c) Shapiro Family L.P. - Gift Share (353,250 shares of Class A and 360,875 shares of Class B); ) and (d) Emlin Cosmetics, Inc. (3,884 shares of Class A). Beneficial ownership is shared by the undersigned and other family members for all shares owned by these entities.
Documents
Issuer
BALDWIN & LYONS INC
CIK 0000009346
Entity typeoperating
IncorporatedIN
Related Parties
1- filerCIK 0000009346
Filing Metadata
- Form type
- 4
- Filed
- Nov 24, 7:00 PM ET
- Accepted
- Nov 25, 11:21 AM ET
- Size
- 12.2 KB