FLAGG JAMES C 4
4 · HCC INSURANCE HOLDINGS INC/DE/ · Filed May 26, 2009
Insider Transaction Report
Form 4
FLAGG JAMES C
Director
Transactions
- Award
Common Stock
2009-05-21$23.66/sh+3,381$79,994→ 9,211 total
Holdings
- 12,500
Option to Purchase
Exercise: $30.85From: 2007-01-05Exp: 2011-01-05→ Common Stock (12,500 underlying) - 18,750
Option to Purchase
Exercise: $21.37From: 2005-12-20Exp: 2009-12-20→ Common Stock (18,750 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 Thursday, May 21, 2009.
- [F2]Option to purchase granted pursuant to the 2001 Flexible Incentive Plan.
- [F3]Option to purchase granted pursuant to the 2004 Flexible Incentive Plan.