PENN AMERICA GROUP INC 4
4 · PENN AMERICA GROUP INC · Filed Dec 14, 2004
Insider Transaction Report
Form 4
LEAR ROBERT A
Director
Transactions
- Exercise/Conversion
COMMON STOCK
2004-12-13$4.00/sh+11,500$46,000→ 11,500 total - Exercise/Conversion
NON-QUALIFIED STOCK OPTIONS (RIGHT TO BUY)
1993-10-28−11,500→ 0 totalExercise: $4.00From: 1994-10-28Exp: 2004-12-31→ COMMON STOCK (11,500 underlying)
Footnotes (1)
- [F1]The options vested in five equal installments on October 28, 1994, 1995, 1996, 1997 and 1998.