JACKSON WILLIAM M 4
4 · GREENPOINT FINANCIAL CORP · Filed Oct 7, 2003
Insider Transaction Report
Form 4
JACKSON WILLIAM M
Director
Transactions
- Award
Phantom Stock
2003-10-07$29.86/sh+69$2,060→ 8,449 totalExercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Common Stock (69 underlying)
Footnotes (3)
- [F1]This Phantom Stock converts to Issuer Common Stock on a 1-for-1 basis.
- [F2]The Phantom Stock was accrued under the GreenPoint Bank 1993 Directors' Deferred Fee Stock Unit Plan and is to be settled in cash or Issuer Common Stock upon termination of the reporting person's services. In a case such as this, where the Date Exercisable and Expiration Date are currently unknown, the SEC recommends that 08/08/1988 be used.
- [F3]On 8/20/03, the Issuer paid a dividend of one-half share of its common stock (''Common Stock'') for each outstanding share of Common Stock to all holders of record of Common Stock on 8/8/03 (''3-for-2 Stock Split''). Adjusted to reflect the 3-for-2 Stock Split and accrual of 2,793 additional shares of phantom stock under the GreenPoint Bank 1993 Directors' Deferred Fee Stock Unit Plan.