SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MANKE KARL E

(Last)

(First)

(Middle)

HILB, ROGAL AND HAMILTON COMPANY

4951 LAKE BROOK DRIVE, SUITE 500

(Street)

GLEN ALLEN

23060

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
HILB ROGAL & HOBBS CO [ HRH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Vice President

3. Date of Earliest Transaction (Month/Day/Year)
11/08/2004

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/08/2004		M		8,000	A	$14.219	11,050	D
Common Stock	11/08/2004		M		6,000	A	$18.755	17,050	D
Common Stock	11/08/2004	11/10/2004	S		14,000	D	$32	3,050	D
Common Stock								18,376.13	I	Deferred Plan, Held in Trust
Common Stock								1,473.28	I	Employee Stock Purchase Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options (Right to buy)	$0							03/01/2002	03/01/2007	Common Stock	1,000		1,000⁽¹⁾	D
Stock Options (Right to buy)	$0							02/12/2003	02/12/2008	Common Stock	1,000		1,000⁽²⁾	D
Stock Options (Right to buy)	$0							02/11/2004	02/11/2009	Common Stock	1,500		1,500	D
Stock Options (Right to buy)	$0							02/10/2005	02/11/2010	Common Stock	2,000		2,000	D
Stock Options (Right to buy)	$0							02/09/2006	02/09/2011	Common Stock	2,000		2,000	D
Stock Options (Right to buy)	$32.73							02/09/2005	02/09/2011	Common Stock	8,000		8,000	D
Stock Options (Right to buy)	$37.25							02/10/2004	02/11/2010	Common Stock	8,000		8,000	D
Stock Options (Right to buy)	$37.45							02/11/2003	02/11/2009	Common Stock	8,000		8,000	D
Stock Options (Right to buy)	$14.219	11/08/2004		M			8,000	03/01/2001	03/01/2007	Common Stock	8,000	$14.219	0	D
Stock Options (Right to buy)	$18.755	11/08/2004		M			6,000	02/12/2002	02/12/2008	Common Stock	6,000	$18.755	2,000	D

Explanation of Responses:

1. Taxes on vesting of Restricted Stock paid by redemption of vested shares.

2. Taxes on vesting of Restricted Stock paid by redemption of vested shares.

	Walter L. Smith	11/08/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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