Darwin Professional Underwriters Inc 4
4 · Darwin Professional Underwriters Inc · Filed May 19, 2008
Insider Transaction Report
Form 4
POPIK WILLAIM C MD
Director
Transactions
- Award
Share Units
2008-05-02+2,549→ 2,549 total→ Common stock (2,549 underlying)
Holdings
- 4,063
Share Units
→ Common Stock (4,063 underlying) - 2,484
Share Units
→ Common Stock (2,484 underlying)
Footnotes (1)
- [F1]The share units were credited under the Stock and Unit Plan for Non-employee Directors (the "Plan") of Darwin Professional Underwriters, Inc. (the "Company") and will be paid in shares of the Company's common stock (the "Common Stock") based upon the Fair Market Value (as defined in the Plan) of the Common Stock on the earlier or (i) first business day of the sixth calendar year following the crediting of the share units, or (ii) the date the reporting person ceases to be a member of the Company's Board of Directors, or (iii) a "change of control" as defined in the Plan.