ATLANTIC COAST FEDERAL CORP 4
4 · ATLANTIC COAST FEDERAL CORP · Filed Mar 10, 2008
Insider Transaction Report
Form 4
Parker Jon Cameron Sr
SVP and CAO
Transactions
- Purchase
Common Stock
2008-03-07$9.90/sh+500$4,950→ 61,287 total
Holdings
- 2,645(indirect: By Spouse)
Common Stock
[F1] - 10,407(indirect: By 401(k))
Common Stock
[F1] - 5,320(indirect: By ESOP)
Common Stock
[F1] - 924(indirect: By Spouse)
Common Stock
[F1] - 30,000
Stock Options
[F2]Exercise: $13.73From: 2006-07-28Exp: 2015-07-28→ Common Stock (30,000 underlying) - 15,000
Stock Options
[F3]Exercise: $13.70From: 2006-10-11Exp: 2015-10-11→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- [F2]Represents stock options that vest at a rate of 20% per year commencing on July 28, 2006.
- [F3]Represents stock options that vest at a rate of 20% per year commencing on October 11, 2006.
Signature
/s/ Richard S. Garabedian, pursuant to power of attorney|2008-03-07