JORSTAD TIMOTHY J 4
4 · BUSINESS BANCORP /CA/ · Filed Nov 19, 2003
Insider Transaction Report
Form 4
JORSTAD TIMOTHY J
Director
Transactions
- Exercise/Conversion
Director Non-Qualified Stock Option (right to buy)
2003-11-18−7,500→ 17,142 totalExercise: $5.88Exp: 2009-07-22→ Common Stock (7,500 underlying) - Exercise/Conversion
Common Stock
2003-11-18$5.88/sh+7,500$44,063→ 20,436 total
Holdings
- 112,788(indirect: Jorstad Incorporated CPA Money Purchase Pension Plan)
Common Stock
Footnotes (1)
- [F1]The option originally vested in five equal installments on July 22,1999, 2000, 2001, 2002 and 2003, however upon the completion of the merger of MCBF into Business Bancorp the option was fully vested on December 31, 2001.