MIDANEK DEBORAH H 4/A
4/A · HCC INSURANCE HOLDINGS INC/DE/ · Filed Nov 19, 2010
Insider Transaction Report
Form 4/AAmended
MIDANEK DEBORAH H
Director
Transactions
- Award
Common Stock
2010-11-17$27.94/sh+1,482$41,407→ 1,482 total
Footnotes (1)
- [F1]As part of the HCC Board of Directors compensation package, each non-employee Director receives a grant of HCC Common Stock in the amount of the number of shares determined by dividing $80,000 by the closing price on the date of the Annual Meeting of Shareholders. If a director is appointed on a date other than the Annual Meeting date, he/she receives a pro-rata portion of the $80,000 grant. Ms. Midanek was appointed on November 17, 2010 and received as a pro-rated amount, $41,424.657 in HCC shares. Therefore, at the closing price of $27.94, she received 1,482 shares.