MESTAD ORVILLE L 4
4 · FOOTHILL INDEPENDENT BANCORP · Filed Apr 22, 2005
Insider Transaction Report
Form 4
MESTAD ORVILLE L
Director
Transactions
- Exercise/Conversion
Common Stock
2005-04-21$4.67/sh+3,535$16,500→ 237,059 total(indirect: By Trust) - Tax Payment
Common Stock
2005-04-21$25.17/sh−655$16,486→ 233,524 total(indirect: By Trust) - Exercise of In-Money
Non-qualified Stock Option (right to buy)
2005-04-21−3,535→ 0 total(indirect: By Trust)Exercise: $4.67From: 1996-04-30Exp: 2005-04-30→ Common Stock (3,535 underlying)
Holdings
- 11,433
Common Stock
Footnotes (2)
- [F1]The exercises prices of the options and the share figures have been adjusted for Issuer stock dividends issued after the grant of the options and issuance of such shares, including a stock dividend that was issued in January 2004.
- [F2]As indicated, 3,535 shares were acquired on exercise of non-qualified stock options and the exercise price of those option was paid by surrender to the Issuer of a total of 655 already owned shares for cancellation.