COLUMBIA BANCORP 4

Accession 0000834105-05-000135

CIK 0000834105operating

Filed

Aug 28, 8:00 PM ET

Accepted

Aug 29, 3:25 PM ET

Size

25.8 KB

Accession

0000834105-05-000135

Form 4

Period: 2005-08-26

DirectorPresident & COO

Transactions

Other
Phantom Stock
2005-08-26$41.26/sh+51.18$2,112→ 14,262.48 total(indirect: By Deferred Compensation Plan)
→ Common Stock (51.18 underlying)

Holdings

Incentive Stk Option-1997 Plan
Exercise: $22.30From: 2004-01-24Exp: 2013-01-24→ Common Stock (430 underlying)
430
Nonqualified Stk Option-1997 Plan
Exercise: $22.30From: 2004-01-24Exp: 2013-01-24→ Common Stock (2,070 underlying)
2,070
Nonqualified Stk Option-1997 Plan
Exercise: $32.25From: 2005-01-26Exp: 2014-01-26→ Common Stock (220 underlying)
220
Common Stock
(indirect: By 401(k))
17,501.51
Incentive Stk Option-1997 Plan
Exercise: $16.88From: 1999-01-20Exp: 2008-01-20→ Common Stock (8,000 underlying)
8,000
Incentive Stk Option-1997 Plan
Exercise: $32.25From: 2005-01-26Exp: 2014-01-26→ Common Stock (7,280 underlying)
7,280
Common Stock
(indirect: By Trust)
364
Common Stock
16,532
Incentive Stk Option-1997 Plan
Exercise: $16.00From: 2000-01-19Exp: 2009-01-19→ Common Stock (5,000 underlying)
5,000
Incentive Stk Option-1987 Plan
Exercise: $11.00From: 1998-01-27Exp: 2007-01-27→ Common Stock (6,000 underlying)
6,000
Nonqual Stk Option-1997 Plan
Exercise: $34.23From: 2006-01-31Exp: 2015-01-30→ Common Stock (4,700 underlying)
4,700
Incentive Stk Option-1997 Plan
Exercise: $34.23From: 2006-01-31Exp: 2015-01-30→ Common Stock (5,300 underlying)
5,300

Footnotes (4)

[F1]Represents investment in units of the Columbia Bancorp Stock Fund in the Company's 401(k) Plan. The Plan owns both cash and shares as determined by the Plan Administrator.
[F2]Under The Columbia Bank Deferred Compensation Plan, adopted in Sept 1996, senior management may elect to defer up to 15% of compensation after contributing the maximum allowed each year to the Company's 401(k) Plan. The Company matches 50% of the participant's contribution. Each year the participant elects an investment method for the coming year; gains/losses are credited to his account according to his election: either by reference to the Company's common stock or by reference to the Bank's prime rate on December 15 of the prior year. Each pay day, the portion of the contribution and the match that the participant elects to be valued based on stock is translated into phantom stock based on the current stock price. Upon termination the amount accumulated in a participant's account will be paid in cash in a lump sum or in equal installments over 5, 10, or 15 years, as elected by the participant each year. The total includes shares acquired as dividends are paid.
[F3]Phantom shares are valued at the current stock price on the day of termination of employment.
[F4]Options vest over a period of four years with 25% vesting each year beginning one year after the date of grant.

Documents

1 file

COLUMBIA BANCORP

CIK 0000834105

Entity typeoperating

IncorporatedMD