IRWIN FINANCIAL CORP 4
4 · IRWIN FINANCIAL CORP · Filed Aug 24, 2005
Insider Transaction Report
Form 4
LALEGGIA JOSEPH
President, Commercial Finance
Transactions
- Award
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY)
2005-08-23+8,100→ 8,100 totalExercise: $20.63Exp: 2015-08-22→ COMMON STOCK (8,100 underlying)
Holdings
- 2,081
COMMON STOCK
Footnotes (2)
- [F1]Between 1/1/2005 and 8/23/2005, the reporting person acquired 396 shares of Irwin Financial Corporation common stock under the Irwin Financial Corporation Employees' Stock Purchase Plan III (Plan) including shares acquired pursuant to a dividend reinvestment feature of the Plan. The Plan provides for the purchase of fractional shares. The number reported is the nearest whole number.
- [F2]The Plan provides for phase-in vesting of rights to exercise granted stock options. In the year of the grant, optionee may exercise 25% of total options granted. In each of the three years immediately following the year of the grant, optionee may exercise an additional 25% of the options granted. Grant of option was made to reporting person in transaction exempt under Rule 16b-3.