Hance Elizabeth E 4
4 · Magyar Bancorp, Inc. · Filed Feb 11, 2009
Insider Transaction Report
Form 4
Hance Elizabeth E
DirectorPresident and CEO
Transactions
- Discretionary Transaction
Common Stock
2009-02-09$2.76/sh+13,227$36,507→ 27,051 total(indirect: By 401(k))
Holdings
- 49,250
Stock Options
Exercise: $14.61From: 2008-03-01Exp: 2017-03-01→ Common Stock (49,250 underlying) - 10,000(indirect: By Spouse)
Common Stock
- 45,750
Common Stock
- 2,676(indirect: By ESOP)
Common Stock
Footnotes (3)
- [F1]Includes 25,000 shares of restricted stock that vests at a rate of 20% per year commencing on March 1, 2008.
- [F2]Reflects transaction not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- [F3]Stock Options vest at a rate of 20% per year commencing on March 1, 2008.