PROVIDENT BANKSHARES CORP 4
4 · PROVIDENT BANKSHARES CORP · Filed May 20, 2005
Insider Transaction Report
Form 4
LOGAN BRYAN J
Director
Transactions
- Award
Common Stock
2005-05-18+470→ 983.5 total(indirect: By Stock Award)
Holdings
- 304.457
Common Stock
- 5,000
Non-Qualified Stock Option (right to buy)
Exercise: $31.02From: 2004-01-21Exp: 2014-01-21→ Common Stock (5,000 underlying) - 2,000
Non-Qualified Stock Option (right to buy)
Exercise: $31.02From: 2005-01-21Exp: 2014-01-21→ Common Stock (2,000 underlying)
Footnotes (5)
- [F1]Represents $15,000 of annual Director's retainer granted in the form of Provident Bankshares Corporation stock under the Provident Bankshares Corporation 2004 Equity Compensation Plan.
- [F2]Shares may not be sold or otherwise divested until six months after the reporting person has left the board of directors.
- [F3]This form reflects increases in beneficial ownership resulting from exempt acquisitions under a Dividend Reinvestment Plan ("DRIP") pursuant to Rule 16b-3(c).
- [F4]Non-Qualified Stock Options granted pursuant to the Provident Bankshares Corporation Amended and Restated Stock Option Plan vest as follows: 2,500 are currently vested and 2,500 vest on January 21, 2005.
- [F5]Non-Qualified Stock Options pursuant to the Provident Bankshares Corporation Amended and Restated Stock Option Plan vest in three equal annual installments commencing on January 21, 2005.