Reynolds J. Scott 4
4 · UNITED AMERICA INDEMNITY, LTD · Filed May 7, 2009
Insider Transaction Report
Form 4
Reynolds J. Scott
President - United National
Transactions
- Exercise of In-Money
Subscription Rights
2009-05-05+117,607→ 105,999 totalExercise: $3.50From: 2009-03-16Exp: 2009-04-06→ Class A Common Shares (105,999 underlying) - Exercise/Conversion
Class A Common Shares
2009-05-05$3.50/sh+10,000$35,000→ 127,607 total
Holdings
- 38(indirect: See Footnote)
Class A Common Shares
- 112(indirect: See Footnote)
Class A Common Shares
Footnotes (2)
- [F1]Represents the shares purchased in the name of the reporting person's child and deposited in a custodial account for the benefit of the child. The reporting person disclaims beneficial ownership of these shares.
- [F2]Shareholders of record as of March 16, 2009 each received a pro-rata distribution of subscription rights. For each subscription right held, the individual had the right to purchase 0.9013 of the Issuer's Class A common shares.