VENTIMIGLIA G NICK 4
4 · CENTRAL COAST BANCORP · Filed Jan 21, 2005
Insider Transaction Report
Form 4
VENTIMIGLIA G NICK
DirectorChairman of the Board/C.E.O.
Transactions
- Exercise/Conversion
Stock Option Exercise
2005-01-20−45,673→ 104,752 totalExercise: $3.37→ Common Stock (104,752 underlying) - Tax Payment
Common Stock
2005-01-20$21.11/sh−7,295$153,997→ 55,989 total - Exercise/Conversion
Common Stock
2005-01-20+45,673→ 101,662 total
Footnotes (3)
- [F1]Exchanged 7,295 shares of common stock with a fair market value of $153,997.45 at a per share price of $21.11
- [F2]Four (4) options vest at a rate of 33 1/3% per year over 3 years from the dates of grant, 4/11/1995, 12/05/1996, 3/27/2000, 7/17/2003 and one (1) option vests 100% at grant date, 9/27/2004
- [F3]4/10/2005, 12/04/2006, 3/26/2010, 7/16/2013 and 9/26/2014