HALLMARK FINANCIAL SERVICES INC 4
4 · HALLMARK FINANCIAL SERVICES INC · Filed Jun 8, 2005
Insider Transaction Report
Form 4
BERLIN SCOTT T
Director
Transactions
- Exercise of In-Money
SUBSCRIPTION RIGHTS (RIGHT TO BUY)
2005-06-06−25,000→ 0 totalExercise: $0.90From: 2005-04-29Exp: 2005-05-31→ COMMON STOCK (35,000 underlying) - Exercise of In-Money
COMMON STOCK
2005-06-06$0.90/sh+35,000$31,500→ 60,000 total
Holdings
- 100,000
DIRECTOR STOCK OPTION (RIGHT TO BUY)
Exercise: $0.69Exp: 2010-12-31→ COMMON STOCK (100,000 underlying)
Footnotes (2)
- [F1]Includes allocable share of over-subscription rights.
- [F2]Represents director stock options which are presently exercisable as to 25,000 shares and become exercisable as to an additional 12,500 shares on each of January 1, 2002, 2003, 2004, 2005, 2006 and 2007.