1. Name and Address of Reporting Person
Chandler, Jr., Theodore L.
LandAmerica Financial Group, Inc.
P. O. Box 27567 (23261-7567)
101 Gateway Centre Parkway, Gateway One
Richmond, VA 232355153
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
04/23/2003
5. If Amendment, Date of Original (Month/Day/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner
( ) Officer (give title below) ( ) Other (specify below)
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 04/23/2003 M 3165 A $7.5630 21706 D
Common Stock 16182.78 I Deferred
Plan, Held in
Trust
Common Stock 7736 I Custodial/UGM
A/Trustee
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 $5.938 05/03/2005 Common 4000 D
Options Stock
(Right to
buy)
Stock $6.063 05/04/2004 Common 4000 D
Options Stock
(Right to
buy)
Stock $6.813 05/07/2007 Common 4000 D
Options Stock
(Right to
buy)
Stock $6.875 05/08/2006 Common 4000 D
Options Stock
(Right to
buy)
Stock $7.563 04/23/2 MF1 4000 11/05/1993 05/05/2003 Common 3165 $7.5630 0 D
Options 003 Stock
(Right to
buy)
Stock $8.813 05/06/2008 Common 10000 D
Options Stock
(Right to
buy)
Stock $10.813 06/09/2009 Common 10000 D
Options Stock
(Right to
buy)
Stock $14.375 05/03/2010 Common 10000 D
Options Stock
(Right to
buy)
Stock $19.875 05/02/2011 Common 10000 D
Options Stock
(Right to
buy)
Stock $38.45 05/08/2009 Common 10000 D
Options Stock
(Right to
buy)
Explanation of Responses:
Stock Swap Exercise of Options - Reporting Person exercised nonqualified stock
options by the deemed swap technique, whereby option price was deemed to be paid
in swapped shares and taxes were paid by the deemed redemption of the newly
acquired shares, resulting in the net issuance of shares shown.
SIGNATURE OF REPORTING PERSON
/s/ Walter L. Smith
DATE
04/24/2003