QUAKER CITY BANCORP INC 4

4 · QUAKER CITY BANCORP INC · Filed Aug 31, 2004

Form 4

Period: 2004-03-31

SVP Res.Lending

Transactions

Other
Common Stock
2004-03-31+809→ 809 total(indirect: By ESOP)
Disposition to Issuer
Employee Stock Option
2004-08-31$13.79/sh−6,000$82,740→ 0 total
Exercise: $41.21Exp: 2013-06-19→ Common Stock (6,000 underlying)
Disposition to Issuer
Employee Stock Option
2004-08-31$30.34/sh−6,250$189,600→ 0 total
Exercise: $24.66Exp: 2012-02-21→ Common Stock (6,250 underlying)
Disposition to Issuer
Employee Stock Option
2004-08-31$23.85/sh−3,500$83,468→ 0 total
Exercise: $31.15Exp: 2012-06-25→ Common Stock (3,500 underlying)
Other
Common Stock
2004-06-24+717→ 1,526 total(indirect: By ESOP)

Holdings

Footnotes (3)

[F1]Shares allocated to the reporting person's participant account for plan year 2003 under the Quaker City Bank Employee Stock Ownership Plan (ESOP). The shares were valued at $46.131 per share at December 31, 2003.
[F2]Shares allocated to the reporting person's participant account for plan year 2004 under the Quaker City Bank Employee Stock Ownership Plan (ESOP). The shares were valued at $54.78 per share at April 29, 2004, the record date for the Special ESOP Allocation pursuant to the merger agreement by and among issuer, Popular, Inc. ("Popular") and Popular Acquisition Corp("Acquisition").
[F3]This option, which provided for vesting in three equal annual installments beginning on the first anniversary of the grant date, was canceled in the merger with Acquisition in exchange for a cash payment representing the product of the difference between the per share exercise price of the option and $55.00 cash times the number of shares of common stock underlying the option.

Documents

1 file