KELBEL CRAIG J 4
4 · HCC INSURANCE HOLDINGS INC/DE/ · Filed Sep 16, 2010
Insider Transaction Report
Form 4
KELBEL CRAIG J
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2010-09-15$23.83/sh+40,000$953,200→ 81,065 total - Exercise/Conversion
Option to Purchase
2010-09-15−40,000→ 0 totalExercise: $23.83Exp: 2010-12-31→ Common Stock (112,500 underlying) - Sale
Common Stock
2010-09-15$26.32/sh−40,000$1,052,648→ 41,065 total
Holdings
- 100,000
Option to Purchase
Exercise: $31.92Exp: 2012-05-09→ Common Stock (100,000 underlying) - 41,065
Common Stock
- 100,000
Option to Purchase
Exercise: $28.53Exp: 2011-09-28→ Common Stock (100,000 underlying)
Footnotes (5)
- [F1]The price $26.3162 represents a weighted average of sales prices ranging from $26.30 to $26.39. Full information regarding the number of shares sold at each separate price will be provided to the SEC, the issuer or a security holder of the issuer upon request.
- [F2]Option to purchase granted pursuant to the 2004 Flexible Incentive Plan.
- [F3]The options vest equally annually over a 3 year period beginning 12/31/06 @ 37,500 shares per year.
- [F4]The options vest equally annually over a 5 year period beginning 09/28/06 @ 20,000 shares per year.
- [F5]The options vest equally annually over a 4 year period beginning 02/28/08 @ 25,000 shares per year.