PENNFED FINANCIAL SERVICES INC 4
4 · PENNFED FINANCIAL SERVICES INC · Filed Sep 23, 2004
Insider Transaction Report
Form 4
ANDERSON WILLIAM C
Director
Transactions
- Sale
Common Stock
2004-09-21$31.50/sh−2,680$84,420→ 152,431 total
Holdings
- 100,000
Option to Purchase
Exercise: $17.19Exp: 2007-12-09→ Common Stock (100,000 underlying) - 74,970
Option to Purchase
Exercise: $7.94Exp: 2006-07-23→ Common Stock (74,970 underlying) - 38,600
Option to Purchase
Exercise: $13.88Exp: 2007-07-22→ Common Stock (38,600 underlying) - 15,000
Option to Purchase
Exercise: $16.81Exp: 2009-07-27→ Common Stock (15,000 underlying)
Footnotes (5)
- [F1]The sale was effected pursuant to a Rule 10b5-1(c) trading plan adopted by the reporting person on August 10, 2004.
- [F2]Forty percent of the option vested immediately upon grant on July 23, 1996 and the remaining sixty percent in equal increments on April 28, 1997, 1998 and 1999, respectively.
- [F3]Sixty percent of the option vested immediately upon grant on July 22, 1997 and the remaining forty percent in equal increments on April 28, 1998 and 1999, respectively.
- [F4]One third of the option vested immediately upon grant on December 9, 1997, one third on December 9, 1998 and one third on December 9, 1999.
- [F5]The option became exercisable in 20% increments on July 27, 1999, 2000, 2001, 2002 and 2003, respectively.