SCHWARZ MARK E (Executive Chairman) exercised options at HALLMARK FINANCIAL SERVICES INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 3/11/2019ACC: 0001181580-19-000005
DirectorOfficer10% Owner· Executive Chairman
Since Mar 2019
-128.22K
Net shares
Net seller
$1.32M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
200K acquired · 328.23K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
−128.22K
Price / share
$10.31
Trade value
$1.32M
% of position
98.0%
3/7/2019
130.81K→2.58K
Common Stock
Direct
Shares
+200K
Price / share
$6.61
Trade value
$1.32M
% of position
7751.9%
3/7/2019
2.58K→202.58K
Total
Net shares
+71.78K
Net value
$0.25
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/7/2019 | F · Tax Withholding | −128.22K | $10.31 | $1.32M | 98.0% | 130.81K | 2.58K |
| Common Stock Direct | 3/7/2019 | M · Option Exercise | +200K | $6.61 | $1.32M | 7751.9% | 2.58K | 202.58K |
| Total | +71.78K | $0.25 | ||||||
Derivative Transactions1
Director Stock Option (right to buy)
Direct
Converts to
Common Stock
200K shares
Shares
−200K
Strike price
6.61
Held after
0.00
Exercisable
—
3/7/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Director Stock Option (right to buy) Direct | Common Stock200K shares | 3/7/2019 | M · Option Exercise | −200K | 6.61 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)3
Common Stock
IndirectShares owned172.78K
Common Stock
IndirectShares owned949.70K
Common Stock
IndirectShares owned3.73M
Total
4.85M indirect4.85M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 172.78K | Indirect |
| Common Stock | 949.70K | Indirect |
| Common Stock | 3.73M | Indirect |
| Total | 4.85M | 4.85M indirect |
Derivative Holdings (Post-Transaction)1
Director Stock Option (right to buy)
DirectUnderlying security
Common Stock
Underlying shares
14.16K
Shares owned
14.16K
Exercise price
6.99
Expiration
—
Exercise window
—
Total
Underlying
14.16K
Owned
14.16K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Director Stock Option (right to buy) Direct | Common Stock | 6.99 | — | — | 14.16K | 14.16K |
| Total | 14.16K | 14.16K | ||||