-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LfWl5FMx6q7F2uwUAlhMLk/CWLek6KTPD5VFWogVU41bCGiEOrANsIKr0KrxJMQ6 vxws98sqNWzRbj0p7p5/Gw== 0001194794-07-000069.txt : 20071129 0001194794-07-000069.hdr.sgml : 20071129 20071129162739 ACCESSION NUMBER: 0001194794-07-000069 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071129 FILED AS OF DATE: 20071129 DATE AS OF CHANGE: 20071129 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PROASSURANCE CORP CENTRAL INDEX KEY: 0001127703 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 631261433 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 100 BROOKWOOD PLACE CITY: BIRMINGHAM STATE: AL ZIP: 35209 BUSINESS PHONE: 2058774400 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MORELLO JAMES J CENTRAL INDEX KEY: 0001194792 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16533 FILM NUMBER: 071275232 BUSINESS ADDRESS: STREET 1: 100 BROOKWOOD PLACE STREET 2: SUITE 100 CITY: BIRMINGHAM STATE: AL ZIP: 35209 4 1 edgar.xml PRIMARY DOCUMENT X0202 4 2007-11-29 1 0001127703 PROASSURANCE CORP PRA 0001194792 MORELLO JAMES J C/O PROASSURANCE CORPORATION 100 BROOKWOOD PLACE BIRMINGHAM AL 35209-6811 0 1 0 1 Treasurer Senior Vice-President Common Stock 2007-11-29 4 F 0 1734 56.15 D 23330 D Common Stock 2007-11-29 4 M 0 1861 52.11 A 25064 D Common Stock 2007-11-29 4 F 0 1752 56.15 D 23203 D Common Stock 2007-11-29 4 M 0 2500 56.15 A 24955 D Common Stock 2007-11-29 4 F 0 1382 56.15 D 22455 D Common Stock 2007-11-29 4 M 0 2500 56.15 A 23837 D Employee Stock Option (Right to Buy) 51.48 2007-09-10 2017-09-10 Common Stock 6250 6250 D Employee Stock Option (Right to Buy) 51.38 2006-09-11 2016-09-11 Common Stock 6250 6250 D Employee Stock Option (Right to Buy) 41.15 2005-09-10 2015-09-10 Common Stock 12500 12500 D Employee Stock Option (Right to Buy) 33.28 2007-11-29 4 M 0 2500 0 D 2004-09-10 2014-09-10 Common Stock 5000 2500 D Employee Stock Option (Right to Buy) 22.00 2007-11-29 4 M 0 2500 0 D 2003-09-04 2013-03-04 Common Stock 2500 0 D Employee Stock Option (Right to Buy) 41.50 2006-06-29 2009-12-09 Common Stock 1531 1531 D Employee Stock Option (Right to Buy) 41.50 2006-06-29 2008-12-01 Common Stock 1801 1801 D Employee Stock Option (Right to Buy) 50.90 2007-11-29 4 M 0 1861 0 D 2007-11-08 2007-12-02 Common Stock 1861 0 D The 1,734 shares disposed of reflect 1,687 shares withheld by the issuer to fund the cashless exercise of 1,861 options on 11/29/07, and 47 shares withheld by the issuer to cover the associated tax liability. The 1,752 shares disposed of reflect 1,482 shares withheld by the issuer to fund the cashless exercise of 2,500 options on 11/29/07, and 270 shares withheld by the issuer to cover the associated tax liability. The 1,382 shares disposed of reflect 980 shares withheld by the issuer to fund the cashless exercise of 2,500 options on 11/29/07, and 402 shares withheld by the issuer to cover the associated tax liability. The options vest in five equal, yearly installments commencing on September 10, 2007 The options vest in five equal, yearly installments commencing on September 11, 2006 The options vest in five equal, yearly installments commencing on September 10, 2005 The options vest in five equal, yearly installments commencing on September 10, 2004 The options vest in five equal, yearly installments commencing on September 4, 2003 These are automatic reload rights resulting from the exercise of options under an existing grant to purchase shares under the ProAssurance Corporation Incentive Compensation Stock Plan. These reload options vest one year from the date of grant, provided that the Reporting Person maintains ownership of the ProAssurance shares that were purchased upon the exercise of the subject options. The grant of reload options to purchase ProAssurance shares reported herein is exempt from Section 16(b) of the Securities Exchange Act, as amended ("the Act") by virtue of Rule 16v-3(d) promulgated under the Act. James J. Morello 2007-11-29 -----END PRIVACY-ENHANCED MESSAGE-----