PIGOTT JOHN A 4
4 · BALDWIN & LYONS INC · Filed Nov 21, 2005
Insider Transaction Report
Form 4
BALDWIN & LYONS INCBWINA / B
PIGOTT JOHN A
Director
Transactions
- Award
Right to buy (option)
2005-01-03$26.89/sh+251$6,749→ 251 totalExercise: $1.00From: 2006-01-03Exp: 2015-01-05→ Class B Common (251 underlying) - Gift
Class B Common Stock
2005-11-18$25.15/sh−400$10,060→ 35,217 total - Award
Right to buy (option)
2005-05-03$25.71/sh+1,500$38,565→ 1,500 totalExercise: $25.71From: 2006-05-03Exp: 2012-05-03→ Class B Common (1,500 underlying) - Award
Right to buy (option)
2005-04-01$25.36/sh+267$6,771→ 267 totalExercise: $1.00From: 2006-04-03Exp: 2015-04-02→ Class B Common (267 underlying)
Holdings
- 5,063
Class A Common Stock
- 930
Right to buy (option)
Exercise: $1.00From: 2005-01-03Exp: 2014-10-02→ Class B Common (930 underlying) - 1,500
Right to buy (option)
Exercise: $26.00From: 2005-05-04Exp: 2011-05-04→ Class B Common (1,500 underlying)
Footnotes (2)
- [F1]Options become exercisable one year from the date of issuance and expire ten years and one day from the date of issuance. Options previously reported on Forms 4 and 5 have expiration dates ranging from January 3, 2014 through the latest date shown in column 6. The price paid for the options was equal to and in lieu of directors fees.
- [F2]The price paid for the options was equal to and in lieu of directors fees.