0001181580-14-000027.txt : 20140912
0001181580-14-000027.hdr.sgml : 20140912
20140912094827
ACCESSION NUMBER: 0001181580-14-000027
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140910
FILED AS OF DATE: 20140912
DATE AS OF CHANGE: 20140912
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HALLMARK FINANCIAL SERVICES INC
CENTRAL INDEX KEY: 0000819913
STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE CARRIERS, NEC [6399]
IRS NUMBER: 870447375
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 777 MAIN STREET, SUITE 1000
CITY: FORT WORTH
STATE: TX
ZIP: 76102
BUSINESS PHONE: 8173481600
MAIL ADDRESS:
STREET 1: 777 MAIN STREET
STREET 2: STE 1000
CITY: FORT WORTH
STATE: TX
ZIP: 76102
FORMER COMPANY:
FORMER CONFORMED NAME: ACOI INC
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: AMERICAN CREDIT OPTICAL INC /DE/
DATE OF NAME CHANGE: 19910611
FORMER COMPANY:
FORMER CONFORMED NAME: PYRAMID GROWTH INC
DATE OF NAME CHANGE: 19890124
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Anand Naveen
CENTRAL INDEX KEY: 0001617121
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11252
FILM NUMBER: 141099788
MAIL ADDRESS:
STREET 1: 777 MAIN STREET
STREET 2: SUITE 1000
CITY: FORT WORTH
STATE: TX
ZIP: 76102
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2014-09-10
0000819913
HALLMARK FINANCIAL SERVICES INC
HALL
0001617121
Anand Naveen
777 MAIN STREET
SUITE 1000
FORT WORTH
TX
76102
0
1
0
0
President & CEO
COMMON STOCK
2014-09-10
4
P
0
31609
9.4876
A
31609
D
COMMON STOCK
2014-09-11
4
P
0
3000
9.523
A
34609
D
RESTRICTED STOCK UNITS
2018-03-31
2018-03-31
COMMON STOCK
51760
D
Represents the weighted average purchase price of transactions effected at prices ranging from $9.376 per share to $9.60 per share. Upon written request by the SEC, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
Represents the weighted average purchase price of transactions effected at prices ranging from $9.48 per share to $9.53 per share. Upon written request by the SEC, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
Each restricted stock unit represents the right to receive shares of common stock upon satisfaction of vesting requirements and performance criteria. The performance criteria are based on the compound average annual growth rate ("CAGR") in book value per share from January 1, 2015 to December 31, 2017, and earn a percentage of a share of common stock per restricted stock unit, as follows: (i) CAGR less than 9% earns 0%; (ii) 9% CAGR earns 50%; (iii) 10% CAGR earns 67%; (iv) 11% CAGR earns 83%; (v) 12% CAGR earns 100% shares; (vi) 13% CAGR earns 117%; (vii) 14% CAGR earns 133%; and (viii) 15% or greater CAGR earns 150%.
Steven D. Davidson as Attorney-In-Fact for Naveen Anand
2014-09-12