Bozeman Judy C. 4
4 · HCC INSURANCE HOLDINGS INC/DE/ · Filed Oct 19, 2010
Insider Transaction Report
Form 4
Bozeman Judy C.
Director
Transactions
- Award
Deferred Stock
2010-10-15$26.82/sh+25.26$677→ 4,697.97 total→ Common Stock (25.26 underlying)
Holdings
- 4,672.71
Deferred Stock
→ Common Stock (4,672.71 underlying)
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 represents the number of fractional shares of Deferred Stock credited to the reporting person's bookkeeping account as a dividend deemed to be paid.
- [F5]Acquisition of Deferred Stock based upon dividend reinvestment feature.
- [F6]This represents the closing price of HCC's Common Stock on Friday, October 15, 2010.