DAVIS BROOKLAND F 4
4 · HALLMARK FINANCIAL SERVICES INC · Filed Oct 4, 2004
Insider Transaction Report
Form 4
DAVIS BROOKLAND F
PRESIDENT OF SUBSIDIARY
Transactions
- Exercise/Conversion
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2004-09-30−15,000→ 10,000 totalExercise: $0.65Exp: 2008-03-27→ COMMON STOCK (15,000 underlying) - Exercise/Conversion
COMMON STOCK
2004-09-30$0.65/sh+15,000$9,750→ 131,420 total
Holdings
- 100,000
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
Exercise: $0.57Exp: 2009-01-26→ COMMON STOCK (100,000 underlying)
Footnotes (2)
- [F1]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.
- [F2]Represents employee stock options exercisable as to 10%, 20%, 30% and 40% of shares on January 26, 2005, 2006, 2007 and 2008, respectively.