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4//SEC Filing

Wischnowsky Robert H 4

Accession 0000914260-10-000069

CIK 0001109525other

Filed

Apr 21, 8:00 PM ET

Accepted

Apr 22, 10:38 AM ET

Size

11.9 KB

Accession

0000914260-10-000069

Insider Transaction Report

Form 4
Period: 2010-04-20
Wischnowsky Robert H
Vice President
Transactions
  • Award

    Common Stock

    2010-04-20+1,2002,283 total
  • Award

    Common Stock

    2010-04-20+9,40011,683 total
  • Award

    Performance Shares

    2010-04-20+600600 total
    Exercise: $0.00Exp: 2013-04-20Common Stock (600 underlying)
  • Award

    Stock Option (Right to purchase)

    2010-04-20+3,0003,000 total
    Exercise: $25.86From: 2011-04-20Exp: 2017-04-20Common Stock (3,000 underlying)
Footnotes (4)
  • [F1]Restricted stock award made to the reporting person under the registrant's 2002 Equity Incentive Plan which vests in three equal annual installments commencing on the one year anniversary of the date of grant.
  • [F2]Restricted stock award to the reporting person made under the registrant's 2002 Equity Incentive Plan. The restricted shares will vest in full on the fifth anniversary of the date of grant subject to accelerated vesting if the price for the registrant's common stock reaches $36.00 per share and remains at this level for 20 consecutive trading days.
  • [F3]Each performance share represents a contingent right to receive one share of the registrant's common stock. The performance shares will vest on the third anniversary of the date of grant upon the registrant achieving earnings per share for the three year period from the date of grant through the third anniverary thereof at or above the 50th percentile level in a custom commercial bank index for banks in the Northeast with assets of $500 million to $5 billion.
  • [F4]This option is exercisable in three equal annual installments commencing April 20, 2011.

Issuer

BANCORP RHODE ISLAND INC

CIK 0001109525

Entity typeother

Related Parties

1
  • filerCIK 0001451909

Filing Metadata

Form type
4
Filed
Apr 21, 8:00 PM ET
Accepted
Apr 22, 10:38 AM ET
Size
11.9 KB