BALDWIN & LYONS INC 4
4 · BALDWIN & LYONS INC · Filed May 24, 2004
Insider Transaction Report
Form 4
BALDWIN & LYONS INCBWINA / B
SHAPIRO NORTON
Director10% Owner
Transactions
- Sale
Class B Common Stock
2004-04-23$30.15/sh−5,270$158,912→ 13,105 total
Holdings
- 7,500
Class A Common Stock
- 397,875(indirect: Various)
Class A Common Stock
- 1,438,500(indirect: Various)
Class B Common Stock
Footnotes (1)
- [F1]Owned by (a) Gelbart Fur Dressers (not Inc.), (178,500 shares of Class A and 714,000 shares of Class B) and Jay Ell Company (not Inc.), (41,250 shares of Class A and 165,000 shares of Class B) limited partnerships as to which beneficial ownership is shared by the undersigned and his two brothers, and (b) Diversified Enterprises (not Inc.), (178,125 shares of Class A and 559,500 shares of Class B) a general partnership as to which beneficial ownership is shared by the undersigned and his two brothers