BAUMANN BILLY B 4
4 · AMERICAN PHYSICIANS CAPITAL INC · Filed Jan 15, 2009
Insider Transaction Report
Form 4
BAUMANN BILLY B
Director
Transactions
- Exercise/Conversion
Common Stock
2009-01-13$9.00/sh+6,500$58,500→ 14,000 total - Exercise/Conversion
Stock Option (right to buy)
2009-01-13−6,500→ 0 totalExercise: $9.00Exp: 2010-12-05→ Common Stock (6,500 underlying) - Tax Payment
Common Stock
2009-01-13$43.88/sh−1,333$58,492→ 12,667 total
Holdings
- 32,876(indirect: By Trust)
Common Stock
- 1,500(indirect: By Spouse)
Common Stock
Footnotes (1)
- [F1]This option became exercisable as follows: 3000 shares on 12/5/01; 4500 shares on 12/5/02; 6000 shares on 12/5/03; 7500 shares on 12/5/04; and 9000 shares on 12/5/05. The shares associated with this option have been adjusted to reflect the Company's three-for-two stock split payable on November 1, 2006.