Cowell Elizabeth L 4
4 · WHITNEY HOLDING CORP · Filed Oct 28, 2009
Insider Transaction Report
Form 4
Cowell Elizabeth L
Executive Vice President
Transactions
- Purchase
Common stock no par value
2009-10-27$8.00/sh+2,500$20,000→ 2,500 total
Holdings
- 7,500
Restricted stock units
→ Comm stock (7,500 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Whitney Holding Corporation common stock.
- [F2]The restricted stock units vest (become non-forfeitable) on the third anniversary of the grant date. Vested restricted stock units convert to shares of common stock on the later of (i) within 30 days following the vesting date or (ii) the earliest permissible date such units may convert to shares of common stock as a result of the issuer's receipt of financial assistance under the Department of the Treasury's Troubled Asset Relief Program.