SECURITY FEDERAL CORPORATION 4
4 · SECURITY FEDERAL CORPORATION · Filed Sep 1, 2005
Insider Transaction Report
Form 4
Transactions
- Other
Common Stock
[F1][F2]2004-12-31+88→ 4,960 total - Exercise/Conversion
Common Stock
[F3]2005-08-31$16.67/sh+100$1,667→ 5,060 total - Exercise/Conversion
Stock Option
[F4]2005-08-31$16.67/sh+100$1,667→ 2,900 totalExercise: $16.67From: 2004-10-01Exp: 2005-09-30→ Common Stock (100 underlying)
Footnotes (4)
- [F1]Allocation from Employee Stock Ownership Plan 12/31/2004.
- [F2]Includes 375 shares held direct and 4,585 shares held indirect by Employee Stock Ownership Plan.
- [F3]Includes 475 shares held direct and 4,585 shares held indirect by Employee Stock Ownership Plan.
- [F4]These options were granted under the Issuer's 1999 stock option plan. The options are exercisable at a rate of 20% per year beginning October 1, 2004.
Signature
/s/Ruth Vance by Power of Attorney|2005-09-01