HALLMARK FINANCIAL SERVICES INC 4
4 · HALLMARK FINANCIAL SERVICES INC · Filed Mar 28, 2005
Insider Transaction Report
Form 4
DAVIS BROOKLAND F
PRESIDENT OF SUBSIDIARY
Transactions
- Exercise/Conversion
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2005-03-28−5,000→ 5,000 totalExercise: $0.65Exp: 2008-03-27→ COMMON STOCK (5,000 underlying) - Exercise/Conversion
COMMON STOCK
2005-03-28$0.65/sh+5,000$3,250→ 146,620 total
Holdings
- 90,000
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
Exercise: $0.57Exp: 2009-01-26→ COMMON STOCK (90,000 underlying)
Footnotes (2)
- [F1]Represents employee stock options exercisable as to 10,000 shares on September 27, 2003, and as to an additional 5,000 shares on each of March 27, 2004, 2005 and 2006.
- [F2]Represents employee stock options exercisable as to 10,000, 20,000, 30,000 and 40,000 shares on January 26, 2005, 2006, 2007 and 2008, respectively.