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| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2012 | HALLMARK FINANCIAL SERVICES INC | HALL | 0 | -50,000 | 0 | -450,000 | |
| 03/31/2012 | HALLMARK FINANCIAL SERVICES INC | HALL | 0 | -50,000 | 0 | -450,000 | |
| 12/31/2011 | HALLMARK FINANCIAL SERVICES INC | HALL | 0 | -50,000 | 0 | -450,000 | |
| 03/31/2011 | HALLMARK FINANCIAL SERVICES INC | HALL | 0 | -50,000 | 0 | -450,000 | |
| 12/31/2010 | HALLMARK FINANCIAL SERVICES INC | HALL | 0 | -50,000 | 0 | -450,000 | |
| 09/30/2010 | HALLMARK FINANCIAL SERVICES INC | HALL | 0 | -50,000 | 0 | -450,000 | |
| 06/30/2010 | HALLMARK FINANCIAL SERVICES INC | HALL | 0 | -50,000 | 0 | -450,000 | |
| 03/31/2010 | HALLMARK FINANCIAL SERVICES INC | HALL | 50,000 | 0 | 450,000 | 52,000 | $9.00 |
| 12/31/2009 | HALLMARK FINANCIAL SERVICES INC | HALL | 50,000 | 50,000 | 398,000 | 398,000 | $7.96 |
| 12/31/2007 | HALLMARK FINANCIAL SERVICES INC | HALL | 0 | -29,083 | 0 | -409,000 | |
| 09/30/2007 | HALLMARK FINANCIAL SERVICES INC | HALL | 29,083 | 0 | 409,000 | 57,000 | $14.06 |
| 06/30/2007 | HALLMARK FINANCIAL SERVICES INC | HALL | 29,083 | 0 | 352,000 | 2,000 | $12.10 |
| 03/31/2007 | HALLMARK FINANCIAL SERVICES INC | HALL | 29,083 | 0 | 350,000 | 62,000 | $12.03 |
| 12/31/2006 | HALLMARK FINANCIAL SERVICES INC | HALL | 29,083 | 0 | 288,000 | -41,000 | $9.90 |
| 09/30/2006 | HALLMARK FINANCIAL SERVICES INC | HALL | 29,083 | 29,083 | 329,000 | 329,000 | $11.31 |
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