FIRST ALBANY COMPANIES INC 4
4 · FIRST ALBANY COMPANIES INC · Filed Apr 29, 2004
Insider Transaction Report
Form 4
GRAVANTE NICHOLAS A JR
Director
Transactions
- Exercise/Conversion
Common Stock
2004-04-29$8.81/sh+334$2,943→ 25,334 total - Award
Stock Option
2004-04-27+2,500→ 2,500 totalExercise: $14.98Exp: 2014-04-26→ Common Stock (2,500 underlying) - Exercise/Conversion
Stock Option (right to buy)
2004-04-29−334→ 666 totalExercise: $8.81From: 2004-04-29Exp: 2013-04-28→ Common Stock (334 underlying)
Footnotes (2)
- [F1]The option vests in three equal annual installments of approximately 33% over a three year period, commencing on 4/27/2005 through 4/27/2007.
- [F2]The original grant on 4/29/03 was an option to purchase 1,000 shares of common stock, and vests in three equal annual installments of approximately 33% beginning 4/29/04 through 4/29/06.