HCC INSURANCE HOLDINGS INC/DE/ 4
4 · HCC INSURANCE HOLDINGS INC/DE/ · Filed May 16, 2008
Insider Transaction Report
Form 4
FULKERSON ALLAN W
Director
Transactions
- Award
Common Stock
2008-05-14$24.02/sh+3,330$79,987→ 3,330 total
Holdings
- 55,905
Common Stock
- 18,750
Option to Purchase
Exercise: $21.37From: 2005-12-20Exp: 2009-12-20→ Common Stock (18,750 underlying) - 7,500(indirect: By IRA)
Common Stock
- 12,500
Option to Purchase
Exercise: $30.85From: 2007-01-05Exp: 2011-01-05→ Common Stock (12,500 underlying)
Footnotes (3)
- [F1]As part of the HCC Board of Directors compensation package, each non-employee Director receives a grant of HCC common stock in the amount of the number of shares determined by dividing $80,000 by the closing price on the date of the Annual Meeting of Shareholders. The Annual Meeting of Shareholders was Wednesday, May 14, 2008.
- [F2]Option to purchase granted pursuant to the 2001 Flexible Incentive Plan.
- [F3]Option to purchase granted pursuant to the 2004 Flexible Incentive Plan.