Burton John L 4
4 · Tennessee Commerce Bancorp, Inc. · Filed Oct 4, 2011
Insider Transaction Report
Form 4
Burton John L
Sr. VP
Transactions
- Award
Phantom Stock
2011-10-03$0.92/sh+7,609$7,000→ 7,609 total→ Common Stock (7,609 underlying)
Footnotes (1)
- [F1]Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, on July 1, 2012.