Duer Walter M 4
4 · HCC INSURANCE HOLDINGS INC/DE/ · Filed May 10, 2012
Insider Transaction Report
Form 4
Duer Walter M
Director
Transactions
- Exercise/Conversion
Option to Purchase
2012-05-09−12,500→ 15,000 totalExercise: $19.47Exp: 2012-08-26→ Common Stock (37,500 underlying) - Exercise/Conversion
Common Stock
2012-05-09$19.47/sh+12,500$243,375→ 29,327 total - Sale
Common Stock
2012-05-09$32.01/sh−12,500$400,141→ 16,827 total
Holdings
- 2,006.483(indirect: By Family LP)
Common Stock
- 16,827
Common Stock
Footnotes (3)
- [F1]The price $32.0113 represents a weighted average of sales prices ranging from $32.00 to $32.03. 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 2001 Flexible Incentive Plan.
- [F3]The options vest over a 60 month period; the aggregate number of shares purchasable are as follows: 7,500 on 08/26/2005; 15,000 on 08/26/2006; 22,500 on 08/26/2007; 30,000 on 08/26/2008; 37,500 on 08/26/2009.