PENN AMERICA GROUP INC 4
4 · PENN AMERICA GROUP INC · Filed Dec 6, 2004
Insider Transaction Report
Form 4
ELLMAN CHARLES
Director
Transactions
- Sale
Common Stock
2004-12-03$14.96/sh−500$7,480→ 0 total - Exercise/Conversion
Common Stock
2004-12-03$10.62/sh+500$5,310→ 500 total - Exercise/Conversion
Non-Qualified Stock Options (right to buy)
2003-05-14−500→ 0 totalExercise: $10.62From: 2004-05-14Exp: 2009-05-14→ Common Stock (500 underlying)