Ciofani Anthony J 4
4 · PMA CAPITAL CORP · Filed Oct 4, 2010
Insider Transaction Report
Form 4
PMA CAPITAL CORPPMACA
Ciofani Anthony J
EVP & CUO, PMA Ins. Group
Transactions
- Disposition to Issuer
Class A Common Stock, par value $5.00 per share
2010-10-01−12,270→ 0 total - Disposition to Issuer
Stock Appreciation Right
2010-10-01−3,000→ 0 totalExercise: $18.00Exp: 2011-02-07→ Class A Common Stock, par value $5.00 per share (3,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2010-10-01−6,623→ 0 totalExercise: $7.87Exp: 2015-03-15→ Class A Common Stock, par value $5.00 per share (6,623 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2010-10-01−11,400→ 0 totalExercise: $5.78Exp: 2014-03-10→ Class A Common Stock (11,400 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to merger agreement between issuer and Old Republic International Corporation in exchange for 6,748 shares of Old Republic International Corporation's common stock having a market value of $13.67 per share at the effective date of the merger.
- [F2]This option, which vested on March 10, 2005 was assumed by Old Republic International Corpration in the merger and replaced with an option to purchase 6,270 shares of Old Repubic International Corporation's common stock for $10.51 per share.
- [F3]This option, which vested in two equal installments on March 15, 2006 and March 15, 2007 was assumed by Old Republic International Corpration in the merger and replaced with an option to purchase 3,642 shares of Old Repubic International Corporation's common stock for $14.31 per share.
- [F4]This stock appreciation right, which vested in three equal installments on February 7, 2003, 2004 and 2005, were assumed by Old Republic International Corpration in the merger and replaced with a stock appreciation right with respect to 1,650 shares of Old Repubic International Corporation's common stock for $32.73 per share.