LOWENSTEIN GERHARD S 4
4 · FIRSTFED AMERICA BANCORP INC · Filed Oct 30, 2003
Insider Transaction Report
Form 4
LOWENSTEIN GERHARD S
Director
Transactions
- Exercise/Conversion
Common Stock
2003-10-28$6.47/sh+9,402$60,831→ 86,546 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-10-28−9,402→ 6,270 totalExercise: $6.47From: 2001-07-18Exp: 2010-07-18→ Common Stock (9,402 underlying) - Sale
Common Stock
2003-10-28$25.56/sh−61,646$1,575,826→ 24,900 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2003-10-28−52,244→ 0 totalExercise: $9.25From: 1998-08-05Exp: 2007-08-05→ Common Stock (52,244 underlying) - Exercise/Conversion
Common Stock
2003-10-28$9.25/sh+52,244$483,257→ 77,144 total
Footnotes (5)
- [F1]On July 17, 2003, the common stock of FIRSTFED AMERICA BANCORP, INC. split 2-for1, resulting in the reporting person's acquisition of 12,450 additional shares of common stock.
- [F2]This option covered 26,122 shares at an exercise price of $18.50 per share, but was adjusted to reflect the stock split on July 17, 2003.
- [F3]This option covered 7,836 shares at an exercise price of $12.94 per share, but was adjusted to reflect the stock split on July 17, 2003.
- [F4]Non-Qualified Stock Options granted pursuant to the FIRSTFED AMERICA BANCORP, INC. 1997 Stock-Based Incentive Plan are fully vested and exercisable as of August 5, 2002.
- [F5]Non-Qualified Stock Options granted pursuant to the FIRSTFED AMERICA BANCORP, INC. 1998 Stock Option Plan will vest in five equal annual installments commencing on July 18, 2001.