Penwell Scott Carter 4
4 · Eastern Insurance Holdings, Inc. · Filed Sep 6, 2011
Insider Transaction Report
Form 4
Penwell Scott Carter
Director
Transactions
- Sale
Common Stock
2011-09-02$13.20/sh−5,000$66,000→ 50,861 total
Holdings
- 150(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Pursuant to a stock purchase agreement dated September 2, 2011, the Registrant repurchased these 5,000 shares of common stock from Mr. Penwell for a total purchase price of $66,000, or $13.20 per share. This Form 4 reflects the disposition of such shares. The purchase price was based on the closing price of the registrant's common stock on the Nasdaq Global Market on September 1, 2011, which was $13.20.
- [F2]Includes 8,522 shares of restricted stock awarded to Mr. Penwell on January 3, 2007, which vest 20% annually beginning on January 2, 2008. Also includes shares held in Mr. Penwell's IRA account.