ELKO RICHARD A 4
4 · PATRIOT BANK CORP · Filed Aug 19, 2003
Insider Transaction Report
Form 4
ELKO RICHARD A
DirectorPresident & CEO
Transactions
- Other
Common Stock
[F1]2003-08-04$6.53/sh+76,570$500,002→ 109,450 total - Other
Common Stock
[F2][F3][F4]2003-08-04+0→ 3,844 total - Other
Common Stock
[F2][F3]2003-08-04+0→ 22,495 total(indirect: By IRA) - Other
Common Stock
[F2][F3]2003-08-04+0→ 6,350 total(indirect: by ESOP) - Other
Common Stock
[F2][F3]2003-08-04+0→ 12,173 total(indirect: By 401(k)) - Other
Common Stock
[F2][F3]2003-08-04+0→ 5,815 total(indirect: By Spouse) - Exercise of In-Money
Incentive Stock Option (right to buy)
[F5]2003-08-04−76,570→ 35,371 totalExercise: $6.53From: 1997-06-07Exp: 2006-06-07→ Common Stock (111,941 underlying) - Other
Incentive Stock Option (right to buy)
[F2][F3][F5]2003-08-04+0→ 6,982 totalExercise: $12.82From: 2003-05-15Exp: 2012-05-15→ Common Stock (6,982 underlying) - Other
Incentive Stock Option (right to buy)
[F2][F3][F5]2003-08-04+0→ 38,500 totalExercise: $12.82From: 2003-05-15Exp: 2012-05-15→ Common Stock (38,500 underlying) - Other
Incentive Stock Option (right to buy)
[F2][F3][F5]2003-08-04+0→ 11,000 totalExercise: $12.82From: 2003-05-15Exp: 2012-06-05→ Common Stock (11,000 underlying)
Footnotes (5)
- [F1]Exercise of vested stock options
- [F2]No date necessary
- [F3]No code necessary
- [F4]By ESPP
- [F5]Initial installment vesting - Securities vest in five equal installments
Signature
/s/ Richard A. Elko|2003-08-05