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ARGONAUT GROUP INC|4Jun 15, 8:23 PM ET

ARGONAUT GROUP INC 4

4 · ARGONAUT GROUP INC · Filed Jun 15, 2007

Insider Transaction Report

Form 4

Period: 2007-06-08

ARGONAUT GROUP INCAGII

WATSON MARK E III

President & CEO

Transactions

Exercise/Conversion
Restricted Stock
2007-06-13−10,224→ 0 total
Exercise: $0.00→ Common Stock (10,224 underlying)
Exercise/Conversion
Common Stock
2007-06-13+25,000→ 403,863 total
Exercise/Conversion
Restricted Stock
2007-06-13−15,000→ 0 total
Exercise: $0.00→ Common Stock (15,000 underlying)
Exercise/Conversion
Common Stock
2007-06-13+3,930→ 422,793 total
Sale
Common Stock
2007-06-08$32.15/sh−10,000$321,500→ 378,863 total
Exercise/Conversion
Common Stock
2007-06-13−10,224→ 433,017 total
Exercise/Conversion
Restricted Stock
2007-06-13−25,000→ 0 total
Exercise: $0.00→ Common Stock (25,000 underlying)
Exercise/Conversion
Common Stock
2007-06-13+15,000→ 418,863 total
Tax Payment
Common Stock
2007-06-13$30.84/sh−106,164$3,274,098→ 326,833 total
Exercise/Conversion
Restricted Stock
2007-06-13−3,930→ 0 total
Exercise: $0.00→ Common Stock (3,930 underlying)

Footnotes (2)

[F1]Represents vesting of previous restricted stock awards reported as derivative securities.
[F2]Closing price as of June 12, 2007.

Documents

1 file

4
rrd163008.xmlPrimary
FORM 4