BRAMANTI FRANK J 4
4 · HCC INSURANCE HOLDINGS INC/DE/ · Filed Jun 1, 2010
Insider Transaction Report
Form 4
BRAMANTI FRANK J
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2010-05-27$25.33/sh+3,158$79,992→ 349,530 total
Holdings
- 346,372
Common Stock
- 2,468(indirect: By Children)
Common Stock
- 1,125(indirect: By Trust)
Common Stock
- 12,500
Option to Purchase
Exercise: $30.85From: 2007-01-05Exp: 2011-01-05→ Common Stock (12,500 underlying) - 200,000
Option to Purchase
Exercise: $31.11Exp: 2012-03-02→ Common Stock (200,000 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 27, 2010.
- [F2]Option to purchase granted pursuant to the 2004 Flexible Incentive Plan.
- [F3]The options vested at 100,000 shares on 03/02/2008 and 100,000 shares on 03/02/2009.