STANFORD MICHAEL R 4
4 · FIRST STATE BANCORPORATION · Filed Nov 26, 2003
Insider Transaction Report
Form 4
STANFORD MICHAEL R
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Unit Under Executive Deferred Compensation Plan
2003-11-24$33.39/sh−30$1,002→ 16,030 total→ Common Stock (30 underlying)
Footnotes (3)
- [F1]This change in Units results from a sale by the Executive Deferred Compensation Plan of shares necessary to complete the payment of the purchase price for shares acquired upon the exercise of an employee stock option.
- [F2]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.
- [F3]1 for 1.