<PAGE> 1
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
[ ] Check box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
1. NAME AND ADDRESS OF REPORTING PERSON*
I.G. Investment Management, Ltd.
(LAST) (FIRST) (MIDDLE)
447 Portage Avenue
(STREET)
Winnipeg, Manitoba, Canada R3C 3B6
(CITY) (STATE) (ZIP)
2. ISSUER NAME AND TICKER OR TRADING SYMBOL
Hilb, Rogal and Hamilton Company (HRH)
3. I.R.S. IDENTIFICATION NUMBER OF REPORTING PERSON, IF AN ENTITY (VOLUNTARY)
The Reporting Person, a non-U.S. entity, has no I.R.S. Identification Number.
4. STATEMENT FOR MONTH/YEAR
January, 2000
5. IF AMENDMENT, DATE OF ORIGINAL (MONTH/YEAR)
Not applicable.
6. RELATIONSHIP OF REPORTING PERSON(S) TO ISSUER (CHECK ALL APPLICABLE)
[ ] Director [X] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
7. INDIVIDUAL OR JOINT/GROUP FILING (CHECK APPLICABLE LINE)
[ ] Form Filed by One Reporting Person
[X] Form Filed by More than One Reporting Person
*If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
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Form 4 - Page 2 of 6
<TABLE>
<CAPTION>
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TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR
BENEFICIALLY OWNED
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<S> <C> <C> <C> <C> <C> <C>
1. TITLE OF 2. 3.TRANSACTION 4. SECURITIES ACQUIRED 5. AMOUNT OF 6. 7. NATURE OF
SECURITY TRANSACTION CODE (A) OR DISPOSED OF (D) SECURITIES OWNERSHIP INDIRECT
(INSTR. 3) DATE BENEFICIALLY FORM: DIRECT BENEFICIAL
(MONTH/DAY/ (INSTR. 8) (INSTR. 3, 4 AND 5) OWNED AT (D) OR OWNERSHIP
YEAR) END OF MONTH INDIRECT (INSTR. 4)
(INSTR. 3 AND (I) (INSTR. 4)
4)
------------- -------------------------------
CODE V AMOUNT (A) OR PRICE
(D)
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Common January 24, S 2,500 D $28.25 Note 1 Note 1 Note 1
Shares 2000
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Common January 24, S 5,000 D $28.00 Note 1 Note 1 Note 1
Shares 2000
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
<TABLE>
<CAPTION>
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TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY
OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1. 2. 3. 4. TRAN 5. NUMBER 6. DATE 7. TITLE AND 8. PRICE 9. 10. 11. NATURE
TITLE CONVER TRAN SACTIO OF EXERCISABL AMOUNT OF OF NUMBE OWNER OF INDIRECT
OF SION OR SACTI N DERIVATIVE E AND UNDERLYING DERIVAT R OF SHIP BENEFICIAL
DERIV EXERCIS ON CODE SECURITIES EXPIRATION SECURITIES IVE DERIVATI FORM OWNERSHI
ATIVE E PRICE DATE (INSTR. ACQUIRED DATE (INSTR. 3 AND 4) SECURIT VE OF P (INSTR. 4)
SECU OF (MON 8) (A) OR (MONTH/DA Y SECURITI DERIVA
RITY DERIVATI TH/DA DISPOSED Y/YEAR) (INSTR.5 ES TIVE
(INSTR VE Y/ OF (D) ) BENEFIC SECURI
.3) SECURIT YEAR) (INSTR. 3, 4 IALLY TY:
Y AND 5) OWNED DIRECT
AT END (D) OR
OF INDIREC
MONTH T (I)
(INSTR. INSTR.
4) 4)
------- ------------ --------------- ------------
C V (A) (D) DA EXPIR TIT AMOUNT
O TE ATION LE OR
D EX DATE NUMBER
E ER OF
CISABL SHARES
E
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Note Note 2 Note N N No Note No Note 2 No Note 2 Note 2 Note 2 Note 2 Note 2
2 2 ot ot te 2 te te
e e 2 2 2
2 2
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</TABLE>
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Form 4 - Page 3 of 6
INSTRUCTION 4(b)(v) LIST OF OTHER REPORTING PERSONS:
This joint statement is filed by and on behalf of the following
Reporting Persons signing this Form 4 and are hereafter referred to as the
"Reporting Persons": Investors Group Inc. ("IGI"), Investors Group Trustco Inc.
("Trustco"), Investors Group Trust Co. Ltd. (the "Trustee"), I.G. Investment
Management, Ltd. (the "Management Company") and Investors U.S. Opportunities
Fund, and Investors U.S. Growth Fund (collectively, the "Funds"). Each is
filing as a 10% owner for purposes of this Form 4 filing.
All of the Reporting Persons have their principal places of business
at:
One Canada Centre
447 Portage Avenue
Winnipeg, Manitoba
Canada R3C 3B6
None of the Reporting Persons, each a non-U.S. entity, have I.R.S.
Identification Numbers.
IGI is a corporation formed under the Canada Business Corporations Act.
It is a diversified-financial services holding company.
Trustco is a corporation formed under the Canada Business Corporations
Act. It is a holding company.
The Management Company is a corporation formed under the Canada
Business Corporations Act. It provides management services to the Funds.
The Trustee is a corporation formed under the Manitoba Corporations
Act. It is the trustee for the Unitholders of the Funds and serves as the
trustee for other open-end mutual fund trusts organized and affiliated with
IGI.
The Funds are open-end mutual fund trusts of which the Unitholders are
beneficiaries established in accordance with a Declaration of Trust under the
laws of Manitoba, Canada.
IGI owns 100% of the issued and outstanding Class A Common Shares of
Trustco. Trustco owns 100% of the issued and outstanding Class A Common Shares
of the Management Company. Trustco also owns, directly or indirectly, 100% of
the issued and outstanding Common Shares of the Trustee. Trustco, the
Management Company, the Trustee, and the Funds are all ultimately controlled by
IGI through its ownership of 100% of the issued and outstanding Class A Common
Shares of Trustco.
Power Financial Corporation owns 67.4% of the common stock of Investors
Group Inc. Power Corporation of Canada, of which Mr. Paul Desmarais controls
67.7% of the voting power, owns 67.5% of the common stock of Power Financial
Corporation.
EXPLANATION OF RESPONSES:
Note 1
Investors U.S. Opportunities Fund may be deemed to own beneficially
and directly 741,150 shares of Common Stock of the Issuer.
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Form 4 - Page 4 of 6
Investors U.S. Growth Fund may be deemed to own beneficially and
directly 901,000 shares of Common Stock of the Issuer.
Each of IGI, Trustco, the Management Company and the Trustee may be
deemed to own beneficially and indirectly, through the Funds, 1,642,150 shares
of Common Stock of the Issuer.
Note 2
None of the above Reporting Persons beneficially own, directly or
indirectly, any derivative securities of the Issuer.
SIGNATURE OF REPORTING PERSON(S):**
INVESTORS GROUP INC.
By: /s/ Robert Gibson Darling
--------------------------------------
Robert Gibson Darling,
Senior Vice-President, Securities of
Investors Group Inc.
INVESTORS GROUP TRUSTCO INC.
By: /s/ Dom L. Grestoni
--------------------------------------
Dom L. Grestoni,
Vice-President, Corporate Investments of
Investors Group Trustco Inc.
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Form 4 - Page 5 of 6
INVESTORS GROUP TRUST CO. LTD.
By: /s/ Robert Gibson Darling
--------------------------------------
Robert Gibson Darling,
Vice-President of
Investors Group Trust Co. Ltd.
I.G. INVESTMENT MANAGEMENT, LTD.
By: /s/ Alexander Scott Penman
--------------------------------------
Alexander Scott Penman,
President of
I.G. Investment Management, Ltd.
INVESTORS U.S. OPPORTUNITIES FUND
By: /s/ Robert Gibson Darling
--------------------------------------
Robert Gibson Darling,
Vice-President of
Investors Group Trust Co. Ltd.,
as Trustee for
Investors U.S. Opportunities Fund
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Form 4 - Page 6 of 6
INVESTORS U.S. GROWTH FUND
By: /s/ Robert Gibson Darling
--------------------------------------
Robert Gibson Darling,
Vice-President of
Investors Group Trust Co. Ltd.,
as Trustee for
Investors U.S. Growth Fund
Date: February 9, 2000
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this form, one of which must be manually
signed. If space provided is insufficient, see Instruction 6 for procedure.
