FIRST CHARTER CORP /NC/ 4
4 · FIRST CHARTER CORP /NC/ · Filed May 19, 2005
Insider Transaction Report
Form 4
Transactions
- Discretionary Transaction
Common Stock
2005-05-17$22.44/sh+1,942$43,578→ 2,029 total(indirect: By 401(k))
Holdings
- 2,000
Stock Options (Right to buy)
Exercise: $13.44Exp: 2010-02-28→ Common Stock (2,000 underlying) - 20,220
Stock Options (Right to buy)
Exercise: $18.39Exp: 2013-01-15→ Common Stock (20,220 underlying) - 20,584
Stock Options (Right to buy)
Exercise: $17.37Exp: 2012-01-16→ Common Stock (20,584 underlying) - 13,097
Stock Options (Right to buy)
Exercise: $23.66Exp: 2015-01-19→ Common Stock (13,097 underlying)
Footnotes (4)
- [F1]Shares are exercisable in 5 equal installments beginning one year after grant date of 02/28/2000. 8,000 shares are currently exercisable. 2,000 shares become exercisable on 02/28/2005.
- [F2]11,595 of 15,461 Non-Qualified shares are currently exercisable. The remaining 3,866 become exercisable on 01/16/2005. 755 of 5,123 Incentive shares are currently exercisable. The remaining 4,368 shares become exercisable as follows, 251 become exercisable on 01/16/2005 and 4,117 become exercisable on 01/16/2006
- [F3]4,044 shares of 10,583 Non-Qualified shares are currently exercisable. The remaining shares become exercisable as follows, 4,044 shares become exercisable on 01/15/2005 and 2,495 shares become exercisable on 01/15/2006. 9,637 Incentive shares become exercisable as follows: 1,549 shares become exercisable on 01/15/2006, 4,044 shares become exercisable on 01/15/2007, and 4,044 shares become exercisable on 01/15/2008.
- [F4]Options are exercisable in 5 equal yearly installments beginning one year after grant date.