MORRISON MARK J 4
4 · HALLMARK FINANCIAL SERVICES INC · Filed Jun 1, 2009
Insider Transaction Report
Form 4
MORRISON MARK J
President; CEO
Transactions
- Award
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2009-05-28+75,000→ 75,000 totalExercise: $6.61Exp: 2019-04-01→ COMMON STOCK (75,000 underlying)
Holdings
- 75,000
COMMON STOCK
- 16,667
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
Exercise: $7.14Exp: 2015-05-27→ COMMON STOCK (16,667 underlying) - 20,833
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
Exercise: $11.34Exp: 2016-05-25→ COMMON STOCK (20,833 underlying) - 100,000
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
Exercise: $12.52Exp: 2017-05-24→ COMMON STOCK (100,000 underlying) - 50,000
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
Exercise: $11.46Exp: 2018-05-22→ COMMON STOCK (50,000 underlying)
Footnotes (6)
- [F1]The option was conditionally granted on April 1, 2009, subject to shareholder approval of an amendment to the plan under which the option was granted. The plan amendment was approved by shareholders on May 28, 2009.
- [F2]Represents grant of employee stock options which become exercisable in seven equal annual installments commencing April 1, 2010.
- [F3]Represents grant of employee stock options exercisable as to 5,000, 10,000, 15,000 and 20,000 shares on May 22, 2009, 2010, 2011 and 2012, respectively.
- [F4]Represents grant of employee stock options exercisable as to 10,000, 20,000, 30,000 and 40,000 shares on May 24, 2008, 2009, 2010 and 2011, respectively.
- [F5]Represents grant of employee stock options exercisable as to 2,083, 4,167, 6,250 and 8,333 shares on May 25, 2007, 2008, 2009 and 2010, respectively.
- [F6]Represents grant of employee stock options exercisable as to 1,667, 3,333, 5,000 and 6,667 shares on May 27, 2006, 2007, 2008 and 2009, respectively.