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ZENITH NATIONAL INSURANCE CORP·4

Nov 20, 2:41 PM ET

TICKNER JOHN J 4

4 · ZENITH NATIONAL INSURANCE CORP · Filed Nov 20, 2003

Insider Transaction Report

Form 4
Period: 2003-11-18
ZENITH NATIONAL INSURANCE CORPZNT
TICKNER JOHN J
Sr. Vice President & Secretary
Transactions
  • Exercise/Conversion

    Common Stock

    2003-11-18$19.16/sh+3,800$72,794→ 3,800 total
  • Sale

    Common Stock

    2003-11-18$31.70/sh−400$12,680→ 3,400 total
  • Sale

    Common Stock

    2003-11-18$32.04/sh−200$6,408→ 3,200 total
  • Sale

    Common Stock

    2003-11-18$32.11/sh−100$3,211→ 3,100 total
  • Sale

    Common Stock

    2003-11-18$32.16/sh−100$3,216→ 3,000 total
  • Sale

    Common Stock

    2003-11-18$32.24/sh−100$3,224→ 2,900 total
  • Sale

    Common Stock

    2003-11-18$32.28/sh−100$3,228→ 2,800 total
  • Sale

    Common Stock

    2003-11-18$32.32/sh−400$12,928→ 2,400 total
  • Sale

    Common Stock

    2003-11-18$32.33/sh−800$25,864→ 1,600 total
  • Sale

    Common Stock

    2003-11-18$32.34/sh−400$12,936→ 1,200 total
  • Sale

    Common Stock

    2003-11-18$32.35/sh−100$3,235→ 1,100 total
  • Sale

    Common Stock

    2003-11-18$32.38/sh−100$3,238→ 1,000 total
  • Sale

    Common Stock

    2003-11-18$32.44/sh−100$3,244→ 900 total
  • Sale

    Common Stock

    2003-11-18$32.50/sh−400$13,000→ 500 total
  • Sale

    Common Stock

    2003-11-18$32.51/sh−400$13,004→ 100 total
  • Sale

    Common Stock

    2003-11-18$32.52/sh−100$3,252→ 0 total
  • Exercise/Conversion

    Common Stock

    2003-11-19$19.16/sh+6,200$118,769→ 6,200 total
  • Sale

    Common Stock

    2003-11-19$31.70/sh−2,000$63,400→ 4,200 total
  • Sale

    Common Stock

    2003-11-19$31.72/sh−600$19,032→ 3,600 total
  • Sale

    Common Stock

    2003-11-19$31.73/sh−2,400$76,152→ 1,200 total
  • Sale

    Common Stock

    2003-11-19$31.74/sh−1,100$34,914→ 100 total
  • Sale

    Common Stock

    2003-11-19$31.71/sh−100$3,171→ 0 total
  • Exercise/Conversion

    Employee Stock Option (Right to Buy)

    [F2]
    2003-11-18−3,800→ 21,200 total
    Exercise: $19.16Exp: 2005-02-23→ Common Stock (3,800 underlying)
  • Exercise/Conversion

    Employee Stock Option (Right to Buy)

    [F2]
    2003-11-19−6,200→ 15,000 total
    Exercise: $19.16Exp: 2005-02-23→ Common Stock (6,200 underlying)
Holdings

  • Common Stock

    [F1]
    (indirect: See Footnote)
    2,664
Footnotes (2)
  • [F1]Represents the approximate number of shares allocated to the reporting person's account in The Zenith 401(k) Plan as of November 18, 2003, the latest date for which such information is available.
  • [F2]The option vests in four equal installments on February 24, 2001, 2002, 2003 and 2004.
Signature
/s/ John J. Tickner|2003-11-20

Documents

1 file
  • 4
    edgar.xmlPrimary

    FORM 4 -