HIGGINBOTTOM DENNIS J 4
4 · IPC HOLDINGS LTD · Filed Jan 5, 2004
Insider Transaction Report
Form 4
IPC HOLDINGS LTDIPCR
HIGGINBOTTOM DENNIS J
Vice President
Transactions
- Award
Employee Stock Option (right to buy)
2004-01-02$38.90/sh+16,500$641,850→ 43,500 totalExercise: $38.90From: 2005-01-02Exp: 2014-01-02→ Common Shares (16,500 underlying) - Exercise/Conversion
Restricted Stock Unit (right to receive)
2004-01-02−1,250→ 9,500 totalFrom: 2004-01-02Exp: 2007-01-02→ Common Shares (1,250 underlying) - Exercise/Conversion
Common Shares
2004-01-02+1,250→ 12,067 total - Award
Restricted Stock Unit (right to receive)
2004-01-02+5,750→ 10,750 totalFrom: 2005-01-02Exp: 2008-01-02→ Common Shares (5,750 underlying)
Footnotes (3)
- [F1]Vesting of Restricted Stock Units.
- [F2]Restricted Stock Units convert to Common Shares on a one-for-one basis.
- [F3]The securities vest in four equal installments, with the first installment vesting on the date shown.