HCC INSURANCE HOLDINGS INC/DE/ 4
4 · HCC INSURANCE HOLDINGS INC/DE/ · Filed Jul 16, 2014
Insider Transaction Report
Form 4
HAMILTON THOMAS M
Director
Transactions
- Award
Deferred Stock
2014-07-15$48.81/sh+87.01$4,247→ 18,961.45 total→ Common Stock (87.01 underlying)
Holdings
- 18,874.44
Deferred Stock
→ Common Stock (18,874.44 underlying) - 4,000
Common Stock
Footnotes (5)
- [F1]Represents stock compensation deferred pursuant to the HCC Insurance Holdings, Inc. Nonqualified Deferred Compensation Plan for Non-Employee Directors (the "Plan").
- [F2]Each share of deferred stock represents the right to receive one share of HCC common stock.
- [F3]The deferred stock 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]Represents dividend equivalents on compensation deferred under the Plan.
- [F5]Represents the closing price of HCC's common stock on Tueday, July 15, 2014.