Home/Filings/4/0001194794-04-000037
4//SEC Filing

PROASSURANCE CORP 4

Accession 0001194794-04-000037

$PRACIK 0001127703operating

Filed

Dec 6, 7:00 PM ET

Accepted

Dec 7, 4:12 PM ET

Size

15.4 KB

Accession

0001194794-04-000037

Insider Transaction Report

Form 4
Period: 2004-12-07
MORELLO JAMES J
TreasurerOther
Transactions
  • Sale

    Common Stock

    2004-11-11$39.20/sh6,577$257,81820,115 total
Holdings
  • Common Stock

    (indirect: Shares held in the ProAssurance Group Savings and Retirement Plan)
    4,755
  • Common Stock

    (indirect: By IRA)
    3,148
  • Employee Stock Option (Right to Buy)

    Exercise: $24.68From: 2001-06-27Exp: 2007-12-02Common Stock (3,067 underlying)
    3,067
  • Employee Stock Option (Right to Buy)

    Exercise: $16.80From: 2002-07-15Exp: 2012-01-15Common Stock (16,000 underlying)
    16,000
  • Employee Stock Option (Right to Buy)

    Exercise: $33.28From: 2004-09-10Exp: 2014-09-10Common Stock (12,500 underlying)
    12,500
  • Employee Stock Option (Right to Buy)

    Exercise: $26.03From: 2001-06-27Exp: 2008-12-01Common Stock (2,480 underlying)
    2,480
  • Employee Stock Option (Right to Buy)

    Exercise: $21.01From: 2001-06-27Exp: 2009-12-09Common Stock (2,403 underlying)
    2,403
  • Employee Stock Option (Right to Buy)

    Exercise: $22.00From: 2003-09-04Exp: 2013-03-04Common Stock (5,000 underlying)
    7,500
Footnotes (4)
  • [F1]The options vest in five equal, yearly installments commencing on September 10, 2004
  • [F2]The options vest in five equal, yearly installments commencing on September 4, 2003
  • [F3]The options vest in five equal, yearly installments commencing on July 15, 2002
  • [F4]Reflects options to purchase shares of ProAssurance Corporation common stock acquired beneficially by the reporting person in exchange for surrender of options to purchase shares of Medical Assurance, Inc. in connection with the consolidation of Medical Assurance, Inc. and Professionals group under the ownership of ProAssurance Corporation. The acquisition of options to purchase ProAssurance shares reported herein is exempt from Section 16(b) of the Securities Exchange Act, as amended (the "Act"), by virtue of Rule 16b-3(d) promulgated under the Act.

Issuer

PROASSURANCE CORP

CIK 0001127703

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001127703

Filing Metadata

Form type
4
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 4:12 PM ET
Size
15.4 KB