Darwin Professional Underwriters Inc 4
4 · Darwin Professional Underwriters Inc · Filed Jun 25, 2008
Insider Transaction Report
Form 4
Sills Stephen Jay
DirectorPresident and CEO
Transactions
- Other
Common Stock
2008-06-19+6,606→ 7,506 total(indirect: By reporting person as custodian under UTMA account) - Gift
Common Stock
2008-06-19−19,819→ 420,000 total(indirect: By Trust)
Holdings
- 295,404
Common Stock
Footnotes (3)
- [F1]Transaction represents the aggregate liquidating distribution from the Reporting Person's 2006 grantor retained annuity trust (2006 GRAT), which was made in equal amounts (6,606 shares) to each of his three sons. One son is still a minor, and the distribution with respect to him was made to a UTMA account of which the Reporting Person is the custodian.
- [F2]Owned by the Reporting Person's 2007 and 2008 grantor retained annuity trusts, respectively in the amounts of 240,000 shares and 180,000 shares.
- [F3]Represents a portion of the transfer from the Reporting Person's 2006 GRAT, which portion was transferred to the UTMA account for Grantor's son, of which Grantor is the custodian.