|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| ||||||||||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Options (Right to buy) | $ 8.813 | 11/06/1998 | 05/06/2008 | Common Stock | 10,000 | 10,000 | D | ||||||||
Stock Options (Right to buy) | $ 10.813 | 12/09/1999 | 06/09/2009 | Common Stock | 10,000 | 10,000 | D | ||||||||
Stock Options (Right to buy) | $ 14.375 | 11/03/2000 | 05/03/2010 | Common Stock | 10,000 | 10,000 | D | ||||||||
Stock Options (Right to buy) | $ 19.875 | 11/02/2001 | 05/02/2011 | Common Stock | 10,000 | 10,000 | D | ||||||||
Stock Options (Right to buy) | $ 35.95 | 11/07/2003 | 05/07/2010 | Common Stock | 10,000 | 10,000 | D | ||||||||
Stock Options (Right to buy) | $ 36.2 | 11/05/2004 | 05/05/2011 | Common Stock | 10,000 | 10,000 | D | ||||||||
Stock Options (Right to buy) | $ 36.49 | 11/04/2005 | 05/04/2012 | Common Stock | 10,000 | 10,000 | D | ||||||||
Stock Options (Right to buy) | $ 38.45 | 11/08/2002 | 05/08/2009 | Common Stock | 10,000 | 10,000 | D | ||||||||
Stock Options (Right to buy) | $ 40.96 | 11/03/2006 | 05/03/2013 | Common Stock | 10,000 | 10,000 | D | ||||||||
Stock Options (Right to buy) | $ 43 | 05/01/2007 | A | 2,789 | 11/01/2007 | 05/01/2014 | Common Stock | 2,789 (3) | $ 43 | 2,789 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MARKEL ANTHONY F 4551 COX RD GLEN ALLEN, VA 23060 |
X |
Walter L. Smith | 05/03/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Issuance of stock as payment for director fees. |
(3) | Director Nonqualified Stock Option - vests in full six months after date of grant, pursuant to terms of shareholder approved plan. |
(2) | Directors' Deferred Plan purchases common stock of Company, which is held in trust under the terms of the Hilb, Rogal and Hamilton Amended and Restated Outside Directors Deferral Plan. Directors electing to receive 100% of compensation in common stock receive a 30% bonus grant of stock to encourage maximazation of at-risk compensation. Dividends are reinvested by the trustee. Deferred stock will be paid out in shares at the time selected by the director, either a lump sum or a series of distributions over a period of years. |