X0306 4 2014-04-17 0000819913 HALLMARK FINANCIAL SERVICES INC HALL 0001208889 SCHWARZ MARK E 200 CRESCENT COURT SUITE 1400 DALLAS TX 75201 1 1 1 0 Executive Chairman 0001586760 Schwarz 2012 Family Trust 200 CRESCENT COURT SUITE 1400 DALLAS TX 75201 0 0 1 0 0001586784 NCM SERVICES, INC. 200 CRESCENT COURT SUITE 1400 DALLAS TX 75201 0 0 1 0 0001251293 NEWCASTLE CAPITAL GROUP LLC 200 CRESCENT COURT SUITE 1400 DALLAS TX 75201 0 0 1 0 0001251296 NEWCASTLE CAPITAL MANAGEMENT LP 200 CRESCENT COURT SUITE 1400 DALLAS TX 75201 0 0 1 0 0000932334 NEWCASTLE PARTNERS L P 200 CRESCENT COURT SUITE 1400 DALLAS TX 75201 0 0 1 0 Common Stock 130805 D Common Stock 949702 I Shares directly owned by NCM Services, Inc. Common Stock 2014-04-17 4 P 0 20000 8.10 A 154376 I Shares directly owned by Newcastle Capital Management, L.P. Common Stock 2014-04-21 4 P 0 18400 8.11 A 172776 I Shares directly owned by Newcastle Capital Management, L.P. Common Stock 3730432 I Shares directly owned by Newcastle Partners, L.P. Director Stock Option (right to buy) 12.52 2017-05-24 Common Stock 10000 10000 D Director Stock Option (right to buy) 11.46 2018-05-22 Common Stock 5000 5000 D Director Stock Option (right to buy) 6.61 2019-04-01 Common Stock 200000 200000 D Director Stock Option (right to buy) 6.99 2021-12-31 Common Stock 14157 14157 D Shares owned directly by Mr. Schwarz. Represents the weighted average purchase price of transactions effected at prices ranging from $8.08 per share to $8.10 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 purchased at each separate price. Represents the weighted average purchase price of transactions effected at prices ranging from $8.10 per share to $8.12 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 purchased at each separate price. Mr. Schwarz is the sole trustee of the Schwarz 2012 Family Trust (the "Trust") and a director and officer of NCM Services, Inc. ("NCMS"). The Trust is the sole shareholder of NCMS, which is the sole member of Newcastle Capital Group, L.L.C. ("NCG"), which is the general partner of Newcastle Capital Management, L.P. ("NCM"), which is the general partner of Newcastle Partners, L.P. ("NP"). Accordingly, Mr. Schwarz may be deemed the beneficial owner of all shares held by any of the Trust, NCMS, NCG, NCM or NP, and each of these entities may be deemed the beneficial owner of all shares held by the entities which they directly or indirectly own or control. Options are presently fully exercisable. Options directly owned by Mr. Schwarz. Options vest in seven equal annual installments commencing April 1, 2010. Steven D. Davidson as Attorney-In-Fact for all Reporting Persons 2014-04-21