LAMORTE WILLIAM F 4
4 · Community Partners Bancorp · Filed Dec 12, 2011
Insider Transaction Report
Form 4
LAMORTE WILLIAM F
Director
Transactions
- Exercise/Conversion
Common Stock
2011-12-12$3.36/sh+3,228$10,846→ 14,703 total - Exercise/Conversion
Stock Option (Right to Buy)
2011-12-12−3,228→ 0 totalExercise: $3.36Exp: 2011-12-12→ Common Stock (3,228 underlying)
Holdings
- 1,790(indirect: By Spouse)
Common Stock
- 69,882(indirect: By Ridge Associates, LLP)
Common Stock
Footnotes (3)
- [F1]On October 23, 2009, the issuer declared a 3% stock dividend, payable to all shareholders of record as of September 25, 2009. Also, on October 22, 2010, the issuer declared a 5% stock dividend, payable to all shareholders of record as of September 24, 2010. At the same time, pursuant to anti-dilution provisions of the issuer's equity compensation plans, a stock option previously reported as a stock option for 2,985 shares of common stock at an exercise price of $3.64 per share was adjusted to reflect the stock dividends discussed previously.
- [F2]The reporting person is the managing partner of the limited liability partnership that owns the reported securities. The reporting person disclaims ownership of the report securities except to the extent of his pecuniary interest therein.
- [F3]All options associated with this award were currently exercisable.