Home/Filings/4/0001194794-06-000028
4//SEC Filing

MORELLO JAMES J 4

Accession 0001194794-06-000028

CIK 0001127703other

Filed

Mar 20, 7:00 PM ET

Accepted

Mar 21, 4:35 PM ET

Size

18.5 KB

Accession

0001194794-06-000028

Insider Transaction Report

Form 4
Period: 2006-03-21
MORELLO JAMES J
TreasurerOther
Transactions
  • Sale

    Common Stock

    2006-03-21$52.28/sh3,148$164,5770 total(indirect: By IRA)
Holdings
  • Employee Stock Option (Right to Buy)

    Exercise: $22.00From: 2003-09-04Exp: 2013-03-04Common Stock (2,500 underlying)
    5,000
  • Employee Stock Option (Right to Buy)

    Exercise: $16.80From: 2002-07-15Exp: 2012-01-15Common Stock (8,000 underlying)
    8,000
  • Employee Stock Option (Right to Buy)

    Exercise: $41.50From: 2006-06-29Exp: 2008-12-01Common Stock (1,618 underlying)
    1,618
  • Common Stock

    (indirect: Shares held in the ProAssurance Group Savings and Retirement Plan)
    4,755
  • Employee Stock Option (Right to Buy)

    Exercise: $51.38From: 2006-09-11Exp: 2016-09-11Common Stock (6,250 underlying)
    6,250
  • Employee Stock Option (Right to Buy)

    Exercise: $41.50From: 2006-06-29Exp: 2009-12-09Common Stock (1,279 underlying)
    1,279
  • Employee Stock Option (Right to Buy)

    Exercise: $41.50From: 2006-06-29Exp: 2007-12-02Common Stock (1,886 underlying)
    1,886
  • Employee Stock Option (Right to Buy)

    Exercise: $41.15From: 2005-09-10Exp: 2015-09-10Common Stock (12,500 underlying)
    12,500
  • Common Stock

    20,271
  • Employee Stock Option (Right to Buy)

    Exercise: $33.28From: 2004-09-10Exp: 2014-09-10Common Stock (5,000 underlying)
    7,500
Footnotes (6)
  • [F1]The options vest in five equal, yearly installments commencing on September 11, 2006
  • [F2]The options vest in five equal, yearly installments commencing on September 10, 2005
  • [F3]The options vest in five equal, yearly installments commencing on September 10, 2004
  • [F4]The options vest in five equal, yearly installments commencing on September 4, 2003
  • [F5]The options vest in five equal, yearly installments commencing on July 15, 2002
  • [F6]These are automatic reload rights resulting from the exercise of options under an existing grant to purchase shares under the ProAssurance Corporation Incentive Compensation Stock Plan. These reload options vest one year from the date of grant, provided that the Reporting Person maintains ownership of the ProAssurance shares that were purchased upon the exercise of the subject options. The grant of reload 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 16v-3(d) promulgated under the Act.

Issuer

PROASSURANCE CORP

CIK 0001127703

Entity typeother

Related Parties

1
  • filerCIK 0001194792

Filing Metadata

Form type
4
Filed
Mar 20, 7:00 PM ET
Accepted
Mar 21, 4:35 PM ET
Size
18.5 KB