FREUND FRANK H 4
4 · AMERICAN PHYSICIANS CAPITAL INC · Filed Oct 22, 2010
Insider Transaction Report
Form 4
FREUND FRANK H
Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock
2010-10-22$41.50/sh−65,182$2,705,053→ 0 total(indirect: By Trust) - Disposition to Issuer
Employee Stock Option (right to buy)
2009-12-23$31.28/sh−80,000$2,502,400→ 0 totalExercise: $10.22Exp: 2011-12-06→ Common Stock (80,000 underlying) - Disposition to Issuer
Common Stock
2010-10-22$41.50/sh−600$24,900→ 0 total(indirect: By Children)
Footnotes (1)
- [F1]This option became exercisable as follows: 62,698 shares on 12/6/2002; 62,698 shares on 12/6/2003; and 64,599 shares on 12/6/2004, and was canceled in the merger in exchange for a cash payment representing the difference between the merger price and the exercise price multiplied by the number of unexercised options held at the time fo the merger.