Hance Elizabeth E 4
4 · Magyar Bancorp, Inc. · Filed Sep 2, 2009
Insider Transaction Report
Form 4
Hance Elizabeth E
DirectorPresident and CEO
Transactions
- Purchase
Common Stock
[F1]2009-09-01$4.42/sh+250$1,105→ 47,500 total
Holdings
- 28,747(indirect: By 401(k))
Common Stock
[F2] - 10,000(indirect: By Spouse)
Common Stock
- 3,694(indirect: By ESOP)
Common Stock
[F2] - 49,250
Stock Options
[F3]Exercise: $14.61From: 2008-03-01Exp: 2017-03-01→ Common Stock (49,250 underlying)
Footnotes (3)
- [F1]Includes 25,000 shares of restricted stock that vests at a rate of 20% per year commencing on March 1, 2008.
- [F2]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- [F3]Stock options vest at a rate of 20% per year commencing on March 1, 2008.
Signature
/s/ Jon Ansari, Pursuant to Power of Attorney|2009-09-02