PHILADELPHIA CONSOLIDATED HOLDING CORP 4
4 · PHILADELPHIA CONSOLIDATED HOLDING CORP · Filed May 31, 2006
Insider Transaction Report
Form 4
MAGUIRE JAMES J JR
DirectorPresident & CEO
Transactions
- Sale
Common Stock (No Par Value)
2006-05-30$32.00/sh−50,000$1,600,000→ 332,172 total - Exercise/Conversion
Common Stock (No Par Value)
2006-05-30$3.10/sh+50,000$155,210→ 382,172 total - Exercise/Conversion
Common Stock (No Par Value)
2006-05-30$3.10/sh+27,838$86,415→ 360,010 total - Tax Payment
Common Stock (No Par Value)
2006-05-30$32.00/sh−27,838$890,816→ 332,172 total - Exercise/Conversion
Stock Option (Right to Buy)
2006-05-30+77,838→ 1,290,011 totalExercise: $3.10From: 2001-06-17Exp: 2006-06-17→ Common Stock (No Par Value) (77,838 underlying)
Holdings
- 935,844(indirect: See Footnote)
Common Stock (No Par Value)
Footnotes (2)
- [F1]Of these shares, 332,448 shares are owned by a trust for the benefit of the reporting person and 603,396 shares are in family trusts of which the reporting person is co-trustee. The reporting person disclaims beneficial ownership of these 603,396 shares.
- [F2]Options granted pursuant to Philadelphia Consolidated Holding Corp.'s Amended and Restated Employee's Stock Incentive and Performance Based Compensation Plan. No consideration was paid.