NIEDT RICHARD U 4
4 · MERCER INSURANCE GROUP INC · Filed Jun 18, 2004
Insider Transaction Report
Form 4
NIEDT RICHARD U
Director
Transactions
- Award
Stock Option (right to buy)
2004-06-16$12.21/sh+27,400$334,554→ 36,775 totalExercise: $12.21Exp: 2007-06-16→ Common Stock (27,400 underlying) - Award
Restricted Stock Award
2004-06-16$12.21/sh+9,375$114,469→ 9,375 totalExercise: $12.21Exp: 2009-06-16→ Common Stock (9,375 underlying)
Footnotes (2)
- [F1]The award vests over a five year period.
- [F2]The option vests in three annual installments beginning on June 16, 2004.