HALLMARK FINANCIAL SERVICES INC 4
4 · HALLMARK FINANCIAL SERVICES INC · Filed Feb 11, 2004
Insider Transaction Report
Form 4
DAVIS BROOKLAND F
PRESIDENT OF SUBSIDIARY
Transactions
- Award
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2004-01-26+100,000→ 100,000 totalExercise: $0.57Exp: 2009-01-26→ COMMON STOCK (100,000 underlying)
Holdings
- 25,000
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
Exercise: $0.65Exp: 2008-03-27→ COMMON STOCK (25,000 underlying)
Footnotes (2)
- [F1]Represents grant of employee stock options exercisable as to 10%, 20%, 30% and 40% of shares on January 26, 2005, 2006, 2007 and 2008, respectively.
- [F2]Represents employee stock options exercisable as to 40% of shares on September 27, 2003, and as to an additional 20% of shares on each of March 27, 2004, 2005 and 2006.