COOPERATIVE BANKSHARES INC 4
4 · COOPERATIVE BANKSHARES INC · Filed Jun 13, 2007
Insider Transaction Report
Form 4
RIPPY R ALLEN
Director
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2007-06-12−22,500→ 0 totalExercise: $4.92From: 1999-07-15Exp: 2009-07-15→ Common Stock (22,500 underlying) - Exercise/Conversion
Common Stock
2007-06-12$4.92/sh+22,500$110,700→ 44,064 total
Holdings
- 3,000
Stock Option (Right to Buy)
Exercise: $13.77From: 2005-12-14Exp: 2015-12-14→ Common Stock (3,000 underlying) - 4,500
Stock Option (Right to Buy)
Exercise: $12.00From: 2004-12-29Exp: 2014-12-29→ Common Stock (4,500 underlying)
Footnotes (5)
- [F1]On June 30, 2006, the common stock of Cooperative Bankshares, Inc. split 3-for-2, resulting in the reporting person's acquition of 7,188 additional shares of common stock.
- [F2]This option was previously reported as covering 15,000 shares at an exercise price of $7.37 per share, but was adjusted to reflect the 3-for-2 stock split on June 30, 2006.
- [F3]Stock Options fully vested on date of grant.
- [F4]This option was previously reported as covering 3,000 shares at an exercise price of $18.00 per share, but was adjusted to reflect the 3-for-2 stock split on June 30, 2006.
- [F5]This option was previously reported as covering 2,000 shares at an exercise price of $20.66 per share, but was adjusted to reflect the 3-for-2 stock split on June 30, 2006.