-----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, HrJkHxEl6ETktA5JIHOl4irxlNJlVkZwST/wxQFyMNFcYjyYWC0fu5Zv9/hGl/WK AQ3slyIxyFOEvHX7fiVyEg== 0000814898-08-000082.txt : 20080306 0000814898-08-000082.hdr.sgml : 20080306 20080306111029 ACCESSION NUMBER: 0000814898-08-000082 CONFORMED SUBMISSION TYPE: 3/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070501 FILED AS OF DATE: 20080306 DATE AS OF CHANGE: 20080306 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Abramson Robert P CENTRAL INDEX KEY: 0001397942 FILING VALUES: FORM TYPE: 3/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-15981 FILM NUMBER: 08669944 BUSINESS ADDRESS: BUSINESS PHONE: 3103729115 MAIL ADDRESS: STREET 1: 4951 LAKE BROOK DRIVE SUITE 500 CITY: GLEN ALLEN STATE: VA ZIP: 23060 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: HILB ROGAL & HOBBS CO CENTRAL INDEX KEY: 0000814898 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 541194795 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: THE HILB, ROGAL AND HAMILTON BUILDING STREET 2: 4951 LAKE BROOK DRIVE, SUITE 500 CITY: GLEN ALLEN STATE: VA ZIP: 23060 BUSINESS PHONE: 8047476500 MAIL ADDRESS: STREET 1: P O BOX 1220 CITY: GLEN ALLEN STATE: VA ZIP: 23060 FORMER COMPANY: FORMER CONFORMED NAME: HILB ROGAL & HAMILTON CO /VA/ DATE OF NAME CHANGE: 19920703 3/A 1 doc.xml PRIMARY DOCUMENT X0202 3/A 2007-05-01 2007-05-09 0 0000814898 HILB ROGAL & HOBBS CO HRH 0001397942 Abramson Robert P HILB ROGAL & HOBBS COMPANY 4951 LAKE BROOK DRIVE, SUITE 500 GLEN ALLEN VA 23060 0 1 0 0 President Calls (Right to buy) 40 2003-11-07 2008-11-07 Common Stock 150000 D Calls (Right to buy) 40.59 2005-05-11 2009-05-11 Common Stock 50000 D Calls (Right to buy) 42.61 2004-09-30 2008-09-30 Common Stock 50000 D Puts (Right to sell) 25 2003-11-07 2008-11-07 Common Stock 150000 D Puts (Right to sell) 29.82 2004-09-30 2008-09-30 Common Stock 50000 D Puts (Right to sell) 30.78 2005-05-11 2009-05-11 Common Stock 50000 D This transaction is part of a paired group of puts and calls commonly referred to as a "zero cost collar," which pre-existed the insider status of the reporting person. Accordingly, the calls shown here are deemed short positions, and the puts are deemed long positions. If the collar is undone, the underlying transactions would be acquisitions of calls and sale of puts. On Form 3 the calls, although showing a positive amount are actually short. Therefore, an unwinding of the collar would be reflected on a Form 4 as a sale of the calls (when it was in fact a purchase). The put transactions would be properly reflected on the Form 4 for the unwinding. Walter L. Smith, A. Brent King, John Hamerki, Timothy J. Korman 2008-03-06 -----END PRIVACY-ENHANCED MESSAGE-----