FIRST MERCURY FINANCIAL CORP 4
4 · FIRST MERCURY FINANCIAL CORP · Filed Dec 8, 2008
Insider Transaction Report
Form 4
Smith Richard H
DirectorChairman & CEO
Transactions
- Sale
Common Stock
2008-12-05$11.14/sh−9,100$101,337→ 984,628 total - Sale
Common Stock
2008-12-05$11.51/sh−5,200$59,846→ 979,428 total - Sale
Common Stock
2008-12-04$11.20/sh−35,700$399,915→ 993,728 total
Holdings
- 33,600(indirect: Held by SERP)
Common Stock
- 1,500(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]Represents 11 transactions as follows: a) 306 shares @ $11.05; b) 2,500 shares @ $11.10; c) 2,500 shares @ $11.15; d) 5,904 shares @ $11.16; e) 12,500 shares @ $11.20; f) 200 shares @ $11.21; g) 8,900 shares @ $11.25; h) 100 shares @ $11.28; i) 300 shares @ $11.29; j) 2,400 shares @ $11.30 and k) 90 shares @ $11.31. The weighted-average price of these transactions is $11.2021. Mr. Smith intends to use substantially all of the proceeds from the sale of stock reported in this Form 4 to offset the payment of the exercise price of certain qualified stock options to acquire 189,062 shares of First Mercury common stock and to satisfy taxes related to the sale of such shares and the exercise of such options.
- [F2]Represents 24 transactions as follows: a)200 shares @ $11.00; b)200 shares @ $11.02; c)100 shares @ $11.03; d)100 shares @ $11.04; e)300 shares @ $11.06; f)600 shares @ $11.07; g)200 shares @ $11.08; h)400 shares @ $11.09; i)400 shares @ $11.10; j)500 shares @ $11.11; k)600 shares @ $11.12; l)700 shares @ $11.13; m)700 shares @ $11.14; n)700 shares @ $11.15; o)400 shares @ $11.16; p)600 shares @ $11.17; q)700 shares @ $11.18; r)500 shares @ $11.19; s)300 shares @ $11.20; t)200 shares @ $11.21; u)400 shares @ $11.22; v)100 shares @ $11.23; w)100 shares @ $11.25; x)100 shares @ $11.28. The weighted-average price of these transactions is $11.1359. Mr. Smith intends to use substantially all of the proceeds from the sale of stock reported in this Form 4 to offset the payment of the exercise price of certain qualified stock options to acquire 189,062 shares of First Mercury common stock and to satisfy taxes related to the sale of such shares and the exercise of such options.
- [F3]Represents 21 transactions as follows: a)200 shares @ $11.29; b)100 shares @ $11.30; c)200 shares @ $11.33; d)100 shares @ $11.36; e)100 shares @ $11.37; f)300 shares @ $11.39; g)300 shares @ $11.42; h)100 shares @ $11.45; i)200 shares @ $11.46; j)100 shares @ $11.48; k)200 shares @ $11.50; l)100 shares @ $11.53; m)1,800 shares @ $11.55; n)100 shares @ $11.56; o)100 shares @ $11.57; p)500 shares @ $11.58; q)100 shares @ $11.59; r)200 shares @ $11.60; s)200 shares @ $11.63; t)100 shares @ $11.66; and u)100 shares @ $11.74. The weighted-average price of these transactions is $11.5088. Mr. Smith intends to use substantially all of the proceeds from the sale of stock reported in this Form 4 to offset the payment of the exercise price of certain qualified stock options to acquire 189,062 shares of First Mercury common stock and to satisfy taxes related to the sale of such shares and the exercise of such options.
- [F4]Represents shares owned by The First Mercury Financial Corporation Supplemetal Executive Retirement Plan Trust ("SERP") for the benefit of the reporting person.