LNB BANCORP INC 4
4 · LNB BANCORP INC · Filed Aug 19, 2010
Insider Transaction Report
Form 4
LNB BANCORP INCLNBB
ELEK GARY J
Chief Financial Officer
Transactions
- Purchase
LNB Bancorp, Inc. Common Stock
2010-08-18$4.50/sh+1,000$4,500→ 14,675 total
Footnotes (1)
- [F1]Mr. Elek's shares of 14675 are comprised of the following: 1. 10000 shares of restricted stock granted under 2006 Stock Incentive Plan. Shares vest in 50% increments on the 2nd and 3rd anniversaries of the date of grant. 2. 3500 shares held directly by Mr. Elek. 3. 1175 shares held in the Lorain National Bank 401(k) plan - FBO Gary Elek.