PROVIDENT BANKSHARES CORP 4
4 · PROVIDENT BANKSHARES CORP · Filed May 20, 2005
Insider Transaction Report
Form 4
MARTIN PETER M
Director
Transactions
- Award
Common Stock
2005-05-18+470→ 983.5 total(indirect: By Stock Award)
Holdings
- 0.248(indirect: By 401(k))
Common Stock
- 20,000
Non-Qualified Stock Option (right to buy)
Exercise: $24.68From: 2002-01-16Exp: 2012-01-16→ Common Stock (20,000 underlying) - 103,566.457
Common Stock
- 17,000
Non-Qualified Stock Option (right to buy)
Exercise: $18.51From: 2000-12-20Exp: 2010-12-20→ Common Stock (17,000 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 401(k) plan pursuant tor Rule 16b-3(c).
- [F4]Non-Qualified Stock Options granted pursuant to the Provident Bankshares Corporation Amended and Restated Stock Option Plan are fully vested and exercisable as of December 20, 2003.
- [F5]Non-Qualified Stock Options granted pursuant to the Provident Bankshares Corporation Amended and Restated Stock Option Plan are fully vested and exercisable as of January 16, 2002.