SCHIERA G GERALD 4
4 · HEMLOCK FEDERAL FINANCIAL CORP · Filed Aug 26, 2003
Insider Transaction Report
Form 4
SCHIERA G GERALD
Director
Transactions
- Exercise/Conversion
Common Stock
2003-08-26$17.25/sh+3,550$61,238→ 9,810 total - Exercise/Conversion
Employee stock option ("right to buy")
2003-08-26$17.25/sh+3,550$61,238→ 4,755 totalExercise: $17.25From: 1998-10-22Exp: 2007-10-22→ Common Stock (4,755 underlying)
Holdings
- 2,000
Employee stock option ("right to buy")
Exercise: $24.60From: 2002-05-01Exp: 2012-05-01→ Common Stock (2,000 underlying) - 2,200(indirect: By Spouse)
Common Stock
- 500(indirect: Daughter)
Common Stock
Footnotes (2)
- [F1]The option vests in five equal annual installments beginning on October 22, 1998. Each remaining installment vests annually thereafter.
- [F2]The options vested immediately on May 1, 2002, the date of the grant.