Home/Filings/4/0001181431-10-030323
4//SEC Filing

Bozeman Judy C. 4

Accession 0001181431-10-030323

CIK 0000888919other

Filed

May 31, 8:00 PM ET

Accepted

Jun 1, 12:38 PM ET

Size

8.6 KB

Accession

0001181431-10-030323

Insider Transaction Report

Form 4
Period: 2010-05-27
Transactions
  • Award

    Deferred Stock

    2010-05-27$25.33/sh+3,158$79,9924,648.18 total
    Common Stock (3,158 underlying)
Holdings
  • Deferred Stock

    Common Stock (1,490.18 underlying)
    1,490.18
Footnotes (6)
  • [F1]The reporting person has elected to defer payment of director stock compensation pursuant to the HCC Insurance Holdings, Inc. Nonqualified Deferred Compensation Plan for Non-Employee Directors (the "Plan"), which is payable in shares of common stock of HCC Insurance Holdings, Inc. ("HCC Common Stock"). This number represents her deferral of such stock.
  • [F2]At the time of payout, the Deferred Stock deemed to be held in the bookkeeping account balance will be paid to the reporting person as shares of HCC Common Stock. The total number of shares of Deferred Stock deemed to be held in the bookkeeping account as of the date of this filing is reflected in Column 9 of Table II above.
  • [F3]The Deferred Stock deemed to be held in the bookkeeping account will be payable to the reporting person in shares of HCC Common Stock upon occurrence of certain payment events, including reporting person's termination of service as a director or a change in control of HCC Insurance Holdings, Inc.
  • [F4]This number of shares represents the number of shares of Deferred Stock credited to the reporting person's bookkeeping account as a grant.
  • [F5]As part of the 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 27, 2010. The reporting person has elected to defer payment of such director stock compensation pursuant to the Plan as described earlier.
  • [F6]This represents the closing price of HCC's Common Stock on Thursday, May 27, 2010.

Documents

1 file

Issuer

HCC INSURANCE HOLDINGS INC/DE/

CIK 0000888919

Entity typeother

Related Parties

1
  • filerCIK 0001476824

Filing Metadata

Form type
4
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 12:38 PM ET
Size
8.6 KB