FPIC INSURANCE GROUP INC 4
4 · FPIC INSURANCE GROUP INC · Filed Feb 20, 2007
Insider Transaction Report
Form 4
RICH JOHN G
Director
Transactions
- Exercise/Conversion
Common Stock
2007-02-15$16.34/sh+684$11,177→ 1,871 total - Exercise/Conversion
Director Stock Options (Director Stock Plan right to buy)
2007-02-15$16.34/sh−684$11,177→ 2,500 totalExercise: $16.34From: 2004-11-10Exp: 2013-11-10→ Common Stock (684 underlying) - Sale
Common Stock
2007-02-15$44.00/sh−684$30,096→ 1,187 total
Footnotes (2)
- [F1]Issued pursuant to Director Stock Plan
- [F2]This transaction was effected pursuant to a prearranged stock trading plan effective January 4, 2007, in accordance with the guidelines specified by Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. Under such plan, certain of the shares will be exercised and sold if the price of FPIC?s stock as posted on the Nasdaq National Market reaches specified price milestones. Such trading plan will terminate on the earliest of the date the aggregate number of shares of common stock sold pursuant to the plan reaches 2,500 shares or on November 15, 2007.