Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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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(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person*

Foster, Jr., Charles H.

2. Issuer Name and Ticker or Trading Symbol
LandAmerica Financial Group, Inc. (LFG)

6. Relationship of Reporting Person(s)
to Issuer (Check all applicable)
 X  Director                                        10% Owner
 X  Officer (give title below)           Other (specify below)

    Chairman and Chief Executive Officer

(Last)      (First)     (Middle)

LandAmerica Financial Group, Inc.
101 Gateway Centre Parkway
 

3. I.R.S. Identification Number
of Reporting Person,
if an entity (voluntary)

 

4. Statement for
Month/Day/Year
3/31/03

(Street)

Gateway One
Richmond, VA 23225

5. If Amendment,
Date of Original
(Month/Day/Year)
 		 7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
    Form filed by More than One Reporting Person

(City)     (State)     (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security
(Instr. 3)

2. Trans-
action
Date
(Month/ Day/
Year)

2A. Deemed
Execution
Date,
if any
(Month/Day/
Year)

3. Trans-
action Code
(Instr. 8)

4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 & 5)

5. Amount of
Securities
Beneficially
Owned Follow-
ing Reported Transactions(s)
(Instr. 3 & 4)

6. Owner-
ship Form:
Direct (D)
or Indirect (I)
(Instr. 4)

7. Nature of Indirect
Beneficial Ownership
(Instr. 4)

Code

V

Amount

(A)
or
(D)

Price

Common Stock

3/31/03

 

M 

 

100.0000

A

$21.5000

 

D

  

Common Stock

3/31/03

 

S 

 

100.0000

D

$40.0500

 

D

  

Common Stock

4/01/03

 

M 

 

29,500.0000

A

$21.5000

 

D

  

Common Stock

4/01/03

 

S 

 

29,500.0000

D

$40.0525

81,897.0000

D

  

Common Stock

 

 

  

 

 

 

 

15,541.3954

I

By 401(k) Plan 

Common Stock

 

 

  

 

 

 

 

1,500.0000

I

By Trust 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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FORM 4 (continued)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security

(Instr. 3)

2. Conver-
sion or
Exercise
Price of Derivative Security

3. Trans-
action Date

(Month/
Day/
Year)

3A. Deemed
Execution
Date,
if any
(Month/
Day/
Year)

4. Trans-
action
Code

(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)

(Instr. 3, 4 & 5)

6. Date Exercisable
and Expiration
Date
(Month/Day/
Year)

7. Title and Amount of Underlying Securities
(Instr. 3 & 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of
Derivative
Securities
Beneficially
Owned
Following
Reported Transaction(s)
(Instr. 4)

10. Owner-
ship Form
of Deriv-
ative
Security:
Direct (D)
or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

V

(A)

(D)

Date Exer-cisable

Expira-
tion
Date

Title

Amount or Number of
Shares

Non-Qualified Stock Option (right to buy)

$21.5000

3/31/03

 

M(1)

 

100.0000

 

01/07/98

01/07/04

Common Stock

100.0000

 

 

D

Non-Qualified Stock Option (right to buy)

$21.5000

4/01/03

 

M(1)

 

29,500.0000

 

01/07/98

01/07/04

Common Stock

29,500.0000

 

0.0000

D

Explanation of Responses:
(1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on
      February 22, 2003.

  By: /s/ Wm. Chadwick Perrine
By: Wm. Chadwick Perrine
For: Charles H. Foster, Jr.
              
**Signature of Reporting Person		 April 2, 2003
Date

**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 is insufficient, See Instruction 6 for procedure.

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