LENNON J RANSLEY 4
4 · PENN AMERICA GROUP INC · Filed Jan 8, 2004
Insider Transaction Report
Form 4Exit
LENNON J RANSLEY
V.P. - Info. Tech.
Transactions
- Other
Common Stock
[F1]2004-01-08+0→ 18,795.35 total - Other
Non-Qualified Stock Option (right to buy)
[F2]1993-10-28$4.00/sh+19,125$76,500→ 19,125 totalExercise: $4.00From: 1994-10-28Exp: 2004-12-31→ Common Stock (19,125 underlying) - Other
Non-Qualified Stock Option (right to buy)
[F3]2002-01-02$7.30/sh+16,958$123,793→ 36,083 totalExercise: $7.30From: 2003-01-02Exp: 2012-01-02→ Common Stock (16,958 underlying)
Footnotes (3)
- [F1]Individual no longer required to file.
- [F2]Vests at 1/5 per year beginning 10/28/94.
- [F3]Vests at 1/5 per year beginning 01/02/03.
Signature
Garland P. Pezzuolo, Power of Attorney for J. Ransley Lennon|2004-01-08