MERCLEAN DAVID B 4
4 · MERCER INSURANCE GROUP INC · Filed Jun 18, 2004
Insider Transaction Report
Form 4
MERCLEAN DAVID B
SVP Finance & CFO
Transactions
- Award
Stock Option (right to buy)
2004-06-16$12.21/sh+47,000$573,870→ 54,500 totalExercise: $12.21Exp: 2007-06-16→ Common Stock (47,000 underlying) - Award
Restricted Stock Award
2004-06-16$12.21/sh+7,500$91,575→ 7,500 totalExercise: $12.21Exp: 2007-06-16→ Common Stock (7,500 underlying)
Footnotes (2)
- [F1]The award vests over a three year period.
- [F2]The option vests in three annual installments beginning on June 16, 2004.