1. Name and Address of Reporting Person
Jones, Carolyn
Hilb, Rogal and Hamilton Company
4951 Lake Brook Drive, Suite 500
Glen Allen, VA 23060
USA
2. Issuer Name and Ticker or Trading Symbol
Hilb, Rogal and Hamilton Company (HRH)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Day/Year
04/29/2003
5. If Amendment, Date of Original (Month/Day/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner
(X) Officer (give title below) ( ) Other (specify below)
SVP, CFO, T
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
TABLE I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
+------------------------------+----------+----------+---------+--------------------------+--------------+-----------+------------+
|1. Title of Security |2. Trans- |2A.Execu- |3. Trans-|4. Securities Acquired (A)|5. Amount of |6. Owner- |7. Nature |
| | action | action | action| or Disposed of (D) |Securities | ship | of In- |
| | Date | Date | Code | |Beneficially | Form: | direct |
| | | | | |Owned | Direct | Bene- |
| | (Month/ | (Month/ | | |Following | (D) or | ficial |
| | Day/ | Day/ +-----+---+-----------+---+----------+Reported | Indirect| Owner- |
| | Year) | Year) |Code |V |Amount |A/D|Price |Transaction(s)| (I) | ship |
+------------------------------+----------+----------+-----+---+-----------+---+----------+--------------+-----------+------------+
Common Stock 04/29/2003 M 6000 A $6.6250 39589F1 D
Common Stock 5904.52 I Employee
Stock
Purchase Plan
TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
+----------+--------+-------+-------+---------+-----------+---------------------+----------------+----------+-------+-------+------+
|1. |2. |3. |3A. |4. |5. |6. |7. |8. |9. |10. |11. |
| | | | | | | | | |Number |Owner- | |
| | | | | | | | | |of |ship | |
| | | | | | | | | |Deriv- |Form of| |
| | | | | | | |Title and Amount| |ative |Deriv- | |
| | | | | | | |of Underlying | |Secur- |ative |Nature|
| |Conver- |Trans- |Execu- | |Number of | |Securities | |ities |Secur- |of |
| |sion or |action |tion | |Derivative |Date Exercisable +-------+--------+ |Benefi-|ity: |In- |
| |Exercise|Date |Date | |Securities |and Expiration Date | |Amount | |cially |Direct |direct|
| |Price of| | |Transac- |Acquired(A)|(Month/Day/Year) | |or | |Owned |(D) or |Bene- |
|Title of |Deriv- |(Month/|(Month/|tion Code|Disposed(D)+----------+----------+ |Number |Price of | |In- |ficial|
|Derivative|ative | Day/ | Day/ +------+--+-----+-----+Date Exer-|Expira- | |of |Derivative| |direct |Owner-|
|Security |Security|Year) |Year) |Code |V |(A) |(D) |cisable |tion Date |Title |Shares |Security | |(I) |ship |
+----------+--------+-------+-------+------+--+-----+-----+----------+----------+-------+--------+----------+-------+-------+------+
Stock $0 03/01/2007 Common 6250F1 D
Options Stock
(Right to
buy)
Stock $0 02/12/2008 Common 1875 D
Options Stock
(Right to
buy)
Stock $0 02/11/2009 Common 3000 D
Options Stock
(Right to
buy)
Stock $0 02/11/2010 Common 3000 D
Options Stock
(Right to
buy)
Stock $6.625 04/29/2 M 6000 12/21/1994 12/21/2003 Common 6000 $6.6250 0 D
Options 003 Stock
(Right to
buy)
Stock $8 06/19/2004 Common 50000 D
Options Stock
(Right to
buy)
Stock $8.844 05/05/2005 Common 22000 D
Options Stock
(Right to
buy)
Stock $14.219 03/01/2007 Common 10000 D
Options Stock
(Right to
buy)
Stock $18.755 02/12/2008 Common 10000 D
Options Stock
(Right to
buy)
Stock $37.25 02/11/2010 Common 13000 D
Options Stock
(Right to
buy)
Stock $37.45 02/11/2009 Common 13000 D
Options Stock
(Right to
buy)
Explanation of Responses:
Taxes on vesting of Restricted Stock paid by redemption of vested shares.
SIGNATURE OF REPORTING PERSON
/s/ Walter L. Smith
DATE
04/30/2003