RANKIN NANCY M 4
4 · PENN AMERICA GROUP INC · Filed Oct 17, 2003
Insider Transaction Report
Form 4Exit
RANKIN NANCY M
Vice President - Underwriting
Transactions
- Small Acquisition
Common Stock
[F1]2003-09-18+76.844→ 290.844 total - Purchase
Non-Qualified Stock Option (Right to Buy)
[F2]2001-01-26$5.17/sh+375$1,939→ 375 totalExercise: $5.17From: 2002-01-26Exp: 2007-01-26→ Common Stock (375 underlying) - Purchase
Non-Qualified Stock Option (Right to Buy)
[F2][F3]2002-01-02$7.30/sh+3,443$25,134→ 3,443 totalExercise: $7.30From: 2003-01-02Exp: 2012-01-02→ Common Stock (3,443 underlying)
Footnotes (3)
- [F1]Shares acquired through a dividend reinvestment plan.
- [F2]Adjusted to reflect a three-for-two stock split effected on May 9, 2002.
- [F3]Vests at 1/5 per year beginning 01/02/03.
Signature
Garland P. Pezzuolo Power of Attorney for Nancy M. Rankin|2003-10-17