PROVIDENT BANKSHARES CORP 4
4 · PROVIDENT BANKSHARES CORP · Filed May 20, 2005
Insider Transaction Report
Form 4
RIGGS SHEILA K
Director
Transactions
- Award
Common Stock
2005-05-18+470→ 983.5 total(indirect: By Stock Award)
Holdings
- 1,212(indirect: By Custodian for C. Riggs)
Common Stock
- 4,863
Non-Qualified Stock Option (right to buy)
Exercise: $27.76From: 1998-02-13Exp: 2008-02-13→ Common Stock (4,863 underlying) - 7,350
Non-Qualified Stock Option (right to buy)
Exercise: $13.57From: 2000-07-19Exp: 2010-07-19→ Common Stock (7,350 underlying) - 53,314.457
Common Stock
- 5,362
Non-Qualified Stock Option (right to buy)
Exercise: $11.70From: 1996-04-17Exp: 2006-04-17→ Common Stock (5,362 underlying)
Footnotes (6)
- [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]The reporting person also beneficially owns 4,863 options held directly which are fully vested and exercisable as of February 13,1998, at an exercise price of $27.76 and 7,350 options held directly which are fully vested and exercisable as of July 19, 2000, at an exercise price of $13.57.
- [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 February 13, 1998.
- [F6]Non-Qualified Stock Options granted pursuant to the Provident Bankshares Corporation Amended and Restated Stock Option Plan are fully vested and exercisable as of July 19, 2000.