ANNAPOLIS BANCORP INC 4
4 · ANNAPOLIS BANCORP INC · Filed Aug 14, 2007
Insider Transaction Report
Form 4
LERNER RICHARD M
DirectorChairman & CEO
Transactions
- Purchase
Common Stock
2007-08-14$8.00/sh+3,227$25,816→ 221,446 total
Holdings
- 33,333
Stock option - (right to buy)
Exercise: $4.14Exp: 2012-12-31→ Common Stock (33,333 underlying) - 8,888
Stock option - (right to buy)
Exercise: $2.42Exp: 2010-04-28→ Common Stock (8,888 underlying)
Footnotes (3)
- [F1]Options granted under the Annapolis National Bancorp, Inc. 2000 Stock Incentive Plan and are fully vested.
- [F2]Options granted under the Annapolis National Bancorp, Inc. 2000 Stock Incentive Plan vest in five equal annual installments commencing on December 31, 2003.
- [F3]Adjusted for a 4-for-3 stock split declared by the Issuer's Board of Directors on October 19, 2004.