SULLIVAN MARY W 4
4 · FIRST FRANKLIN CORP · Filed Oct 29, 2003
Insider Transaction Report
Form 4
SULLIVAN MARY W
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2003-10-28$12.81/sh−375$4,804→ 0 totalExercise: $12.81From: 2001-01-20Exp: 2010-03-01→ Common Stock (375 underlying) - Exercise/Conversion
Common Stock
2003-10-28$13.56/sh+375$5,085→ 1,875 total - Exercise/Conversion
Common Stock
2003-10-28$7.75/sh+250$1,938→ 2,500 total - Disposition to Issuer
Stock Option (right to buy)
2003-10-28$7.75/sh−250$1,938→ 125 totalExercise: $7.75From: 2002-01-20Exp: 2011-03-01→ Common Stock (250 underlying) - Disposition to Issuer
Stock option (right to buy)
2003-10-28$13.56/sh−375$5,085→ 0 totalExercise: $13.56From: 2000-01-20Exp: 2009-03-01→ Common Stock (375 underlying)
Footnotes (4)
- [F1]This option was granted on March 1, 1999 suject to the satisfaction of performance goals. Certain of these performance goals were satisfied and, as a result, the options vested and became exercisable in three equal annual installments beginning January 20, 2000.
- [F2]This option was granted on March 1, 2000 subject to certain performance goals. Certain of these performance goals were satisfied and, as a result, the options vested and became exercisable in three equal annual installments beginning January 20, 2001.
- [F3]This option was granted on March 1, 2001 subject to the satisfaction of performance goals. Certain of these performance goals were satisfied and, as a result, 125 of the options vested and became exercisable on each of January 20, 2002 and 2003, and 125 options will vest and become exercisable on January 20, 2004.
- [F4]This option was granted on March 1, 2002 subject to the satisfaction of performance goals. Certain of these performance goals were satisfied and, as a result, 250 of the options vested and were exercisable on January 20, 2003, and 250 options will vest and become exercisable on each of January 20, 2004 and 2005.