4//SEC Filing
STANFORD MICHAEL R 4
Accession 0000937386-03-000009
CIK 0000897861other
Filed
Oct 28, 7:00 PM ET
Accepted
Oct 29, 4:15 PM ET
Size
10.9 KB
Accession
0000937386-03-000009
Insider Transaction Report
Form 4
STANFORD MICHAEL R
DirectorPresident & CEO
Transactions
- Other
Option to purchase Common Shares
2003-10-27+20,000→ 20,000 totalExercise: $5.60From: 1997-11-02Exp: 2003-11-02→ Common Stock (20,000 underlying) - Disposition to Issuer
Option to purchase Common Shares
2003-10-27−20,000→ 0 totalExercise: $5.60From: 1997-11-02Exp: 2003-11-02→ Common Stock (20,000 underlying) - Award
Unit under Executive Deferred Compensation Plan
2003-10-27$5.60/sh+16,060$89,936→ 16,060 total→ Common Stock (16,060 underlying)
Footnotes (4)
- [F1]Reporting person received an option to purchase 20,000 shares of the Issuer ("Option") as a distribution from the Stanford Family Limited Partnership, causing a change in the form of the reporting person's ownership of the Option from indirectly 100% of the Option to directly 100% of the Option. This transaction is exempt from Section 16 pursuant to SEC Rule 16a-13.
- [F2]Reporting person contributed his Option to the Issuer's Executive Deferred Compensation Plan ("Plan") in return for units ("Units") issued under the Plan and held in reporting person's account. In order for the trust under the Plan to exercise the Option, the trust sold a total of 3,940 shares of the Issuer.
- [F3]Pursuant to the terms of the Plan, upon the reporting person's retirement, termination, disability or death, the reporting person's account under the Plan will be distributed to him in the form of common stock of the issuer.
- [F4]1-for-1
Documents
Issuer
FIRST STATE BANCORPORATION
CIK 0000897861
Entity typeother
Related Parties
1- filerCIK 0000937386
Filing Metadata
- Form type
- 4
- Filed
- Oct 28, 7:00 PM ET
- Accepted
- Oct 29, 4:15 PM ET
- Size
- 10.9 KB