PAYNE DOUGLAS I 4
4 · STANLEY FURNITURE CO INC/ · Filed Oct 23, 2003
Insider Transaction Report
Form 4
PAYNE DOUGLAS I
Executive VP Finance & Admin
Transactions
- Exercise/Conversion
Common Stock
2003-10-22$4.38/sh+17,000$74,375→ 19,750 total - Exercise/Conversion
Common Stock
2003-10-21$4.38/sh+13,000$56,875→ 38,000 total - Exercise/Conversion
Stock Option (Right to Buy)
2003-10-21−22,250→ 0 totalExercise: $5.00Exp: 2004-12-01→ Common Stock (22,250 underlying) - Sale
Common Stock
2003-10-21$32.00/sh−20,000$640,000→ 17,000 total - Exercise/Conversion
Stock Option (Right to Buy)
2003-10-22−17,000→ 0 totalExercise: $4.38Exp: 2005-09-27→ Common Stock (17,000 underlying) - Sale
Common Stock
2003-10-21$31.96/sh−1,000$31,960→ 37,000 total - Exercise/Conversion
Common Stock
2003-10-22$8.19/sh+20,000$163,750→ 39,750 total - Exercise/Conversion
Stock Option (Right to Buy)
2003-10-21−13,000→ 17,000 totalExercise: $4.38Exp: 2005-09-27→ Common Stock (13,000 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2003-10-22−20,000→ 0 totalExercise: $8.19Exp: 2006-12-11→ Common Stock (20,000 underlying) - Sale
Common Stock
2003-10-21$32.08/sh−14,250$457,151→ 2,750 total - Sale
Common Stock
2003-10-22$31.81/sh−3,000$95,433→ 36,750 total - Sale
Common Stock
2003-10-22$31.45/sh−34,000$1,069,300→ 2,750 total - Exercise/Conversion
Common Stock
2003-10-21$5.00/sh+22,250$111,250→ 25,000 total
Footnotes (3)
- [F1]The option became exercisable to the extent of 8,846 shares on June 1, 1995 and the remainder became exercisable in equal annual increments, beginning December 31, 1995 with all shares vesting as of December 31, 1998.
- [F2]The option became exercisable to the extent of 6,000 shares on December 31, 1995 and the remainder became exercisable in equal annual increments, with all shares vesting as of December 31, 1999.
- [F3]The option became exercisable to the extent of 4,000 shares on December 31,1996 and the remainder became exercisable in equal annual increments, with all shares vesting as of December 31, 2000.