Compton Kenneth E 4
4 · Advance America, Cash Advance Centers, Inc. · Filed Sep 9, 2011
Insider Transaction Report
Form 4
Compton Kenneth E
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2011-09-08−83,333→ 0 totalExercise: $1.14From: 2011-02-28Exp: 2012-02-28→ Common Stock (83,333 underlying) - Tax Payment
Common Stock
2011-09-08$8.21/sh+35,572$292,224→ 436,181.684 total - Exercise/Conversion
Common Stock
2011-09-08$1.14/sh+83,333$95,000→ 471,753.664 total
Footnotes (1)
- [F1]The Reporting Person exercised options to purchase 83,333 shares of common stock at an exercise price of $1.14 per share. Based on the average of the high and low stock prices on September 8, 2011, a total of 35,572 shares were withheld by the Issuer in order to satisfy (i) payment of the exercise price and (ii) tax withholding obligations.