ANDERSON WILLIAM C 4
4 · PENNFED FINANCIAL SERVICES INC · Filed May 3, 2006
Insider Transaction Report
Form 4
ANDERSON WILLIAM C
Director
Transactions
- Exercise/Conversion
Option to Purchase
2006-05-02$3.97/sh−99,940$396,642→ 0 totalExercise: $3.97Exp: 2006-07-23→ Common Stock (99,940 underlying) - Exercise/Conversion
Common Stock
2006-05-02$3.97/sh+99,940$396,642→ 413,602 total
Holdings
- 200,000
Option to Purchase
Exercise: $8.59Exp: 2007-12-09→ Common Stock (200,000 underlying) - 77,200
Option to Purchase
Exercise: $6.94Exp: 2007-07-22→ Common Stock (77,200 underlying) - 30,000
Option to Purchase
Exercise: $8.41Exp: 2009-07-27→ Common Stock (30,000 underlying)
Footnotes (4)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]The option became exercisable in 20% increments on July 27, 1999, 2000, 2001, 2002 and 2003, respectively.