SOVEREIGN BANCORP INC·4

Feb 18, 5:13 PM ET

SOVEREIGN BANCORP INC 4

4 · SOVEREIGN BANCORP INC · Filed Feb 18, 2005

Insider Transaction Report

Form 4
Period: 2005-02-16
DAVIS LARRY K
Controller
Transactions
  • Award

    Common stock (restricted, subject to vesting)

    2005-02-16+1,3300 total
  • Award

    Common stock (restricted, subject to vesting)

    2005-02-16+7555,700 total
  • Award

    Employee stock options (right to buy)

    2005-02-16+5,1145,114 total
    Exercise: $23.44From: 2010-02-16Exp: 2015-03-16Common stock (5,114 underlying)
Holdings
  • Common stock

    2,492
  • Common stock (Bonus recognition and retention plan)

    1,494
  • Common stock

    (indirect: ESOP)
    776
  • Common stock

    (indirect: By 401(k))
    2,010
Footnotes (2)
  • [F1]One third of the restricted shares shall vest on February 16, 2006, the second third shall vest on February 16, 2007, and the remaining third shall vest on February 16, 2008.
  • [F2]The award shall vest, and the restrictions lapse, five years from the date of the award (February 16, 2010).

Documents

1 file
  • 4
    edgar.xmlPrimary

    PRIMARY DOCUMENT