Larison Robert J Jr 4
4 · ATLANTIC COAST FEDERAL CORP · Filed Apr 16, 2009
Insider Transaction Report
Form 4
Larison Robert J Jr
DirectorPresident and CEO
Transactions
- Award
Phantom Stock
2009-04-14$2.70/sh+191.869$518→ 1,549.814 total→ Common Stock (191.869 underlying)
Holdings
- 82,930
Common Stock
- 23,924(indirect: By 401(k))
Common Stock
- 20,000
Stock Options
Exercise: $13.70From: 2006-10-11Exp: 2015-10-11→ Common Stock (20,000 underlying) - 222(indirect: By IRA)
Common Stock
- 8,693(indirect: By ESOP)
Common Stock
- 32,717
Stock Options
Exercise: $13.73From: 2006-07-28Exp: 2015-07-28→ Common Stock (32,717 underlying) - 1,599(indirect: As Custodian for daughter)
Common Stock
- 8,748.009(indirect: By Trust)
Common Stock
- 9,318(indirect: By IRA)
Common Stock
Footnotes (4)
- [F1]Reflects transaction not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- [F2]Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon the reporting person's termination of service as a director.
- [F3]Represents stock options that vest at a rate of 20% per year commencing on July 28, 2006.
- [F4]Represents stock options that vest at a rate of 20% per year commencing on October 11, 2006.