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"Insiders might sell their shares for any number of reasons, but they buy them for only one:
they think the price will rise" - Peter Lynch ==>> What is insider trading>> |

| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded | Average Price | Total Amount |
Shares Ownership |
Filing |
| 2006-12-14 Sale |
2006-12-15 3:24 pm | BALDWIN & LYONS INC | BWINA | KIRSCHNER JAMES E (Senior VP & Secretary) | 2,312 | $26 | $60,112 | 49,774 (Direct) | View |
| 2006-09-13- -2006-09-14 Sale |
2006-09-15 2:15 pm | BALDWIN & LYONS INC | BWINA | KIRSCHNER JAMES E (Senior VP & Secretary) | 5,000 | $24.88 | $124,393 | 52,086 (Direct) |
View |
| 2006-09-12 Sale |
2006-09-14 1:12 pm |
BALDWIN & LYONS INC | BWINA | KIRSCHNER JAMES E (Senior VP & Secretary) | 1,671 | $24.5 | $40,940 | 57,086 (Direct) |
View |
| 2006-09-06- -2006-09-07 Sale |
2006-09-08 2:48 pm | BALDWIN & LYONS INC | BWINA | KIRSCHNER JAMES E (Senior VP & Secretary) | 18,329 | $24.89 | $456,141 | 58,757 (Direct) |
View |
| 2006-06-16 Sale | 2006-06-19 2:52 pm |
BALDWIN & LYONS INC | BWINA | KIRSCHNER JAMES E (Senior VP & Secretary) | 437 | $23 | $10,051 | 77,086 (Direct) | View |
| 2006-06-14- -2006-06-15 Sale | 2006-06-16 11:07 am | BALDWIN & LYONS INC | BWINA | KIRSCHNER JAMES E (Senior VP & Secretary) | 27,608 | $23 | $634,984 | 77,523 (Direct) |
View |
| 2006-06-13 Sale |
2006-06-13 4:22 pm | BALDWIN & LYONS INC | BWINA | KIRSCHNER JAMES E (Senior VP & Secretary) | 11,101 | $23.05 | $255,845 | 105,131 (Direct) | View |
| 2006-06-08 Sale | 2006-06-12 08:37 am |
BALDWIN & LYONS INC | BWINA | KIRSCHNER JAMES E (Senior VP & Secretary) | 643 | $23.75 | $15,271 | 116,232 (Direct) | View |
| Transaction & Date | Reported Date | Company | Symbol | Insider Relationship | Shares Traded | Average Price | Total Amount | Shares Ownership |
Filing |
| 2006-05-10 Exercise | 2006-05-12 4:09 pm | BALDWIN & LYONS INC | BWINA | KIRSCHNER JAMES E (Senior VP & Secretary) | 62,500 | $26.05 | $1,628,125 | 116,875 (Direct) |
View |
| 2004-05-14 Exercise | 2004-05-14 4:49 pm | BALDWIN & LYONS INC | BWINA | KIRSCHNER JAMES E (Senior VP & Secretary) | 7,500 | $23.47 | $176,025 | 54,375 (Direct) |
View |
| Transaction & Date |
Reported Date |
Exercisable Expiration |
Company | Symbol | Insider Relationship |
Shares Traded |
Conversion Price | Shares Ownership |
Filing |
| 2006-05-10 Exercise |
2006-05-12 4:09 pm |
2000-12-18 2007-12-18 | BALDWIN & LYONS INC | BWINA | KIRSCHNER JAMES E (Senior VP & Secretary) | 62,500 | $20.6 | 0 (Direct) |
View |
| 2004-05-14 Exercise | 2004-05-14 4:49 pm | 1995-12-29 2005-12-29 | BALDWIN & LYONS INC | BWINA | KIRSCHNER JAMES E (Senior VP & Secretary) | 3,750 | $0.8 | 0 (Direct) |
View |
| 2004-05-14 Exercise |
2004-05-14 4:49 pm | 1996-12-23 2006-12-23 |
BALDWIN & LYONS INC | BWINA | KIRSCHNER JAMES E (Senior VP & Secretary) | 3,750 | $0.8 | 0 (Direct) | View |
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