Home/Filings/4/0000943374-09-001611
4//SEC Filing

Franklin Frederick D Jr 4

Accession 0000943374-09-001611

CIK 0001404296other

Filed

Dec 10, 7:00 PM ET

Accepted

Dec 11, 3:01 PM ET

Size

8.9 KB

Accession

0000943374-09-001611

Insider Transaction Report

Form 4
Period: 2009-12-09
Transactions
  • Award

    Phantom Stock

    2009-12-09$1.70/sh+1,154.513$1,96015,015.82 total
    Common Stock (1,154.513 underlying)
Holdings
  • Stock Options

    Exercise: $13.73From: 2006-07-28Exp: 2015-07-28Common Stock (14,300 underlying)
    14,300
  • Stock Options

    Exercise: $13.70From: 2006-10-11Exp: 2015-10-11Common Stock (7,150 underlying)
    7,150
  • Common Stock

    10,352
Footnotes (3)
  • [F1]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.
  • [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.

Issuer

Atlantic Coast Financial CORP

CIK 0001404296

Entity typeother

Related Parties

1
  • filerCIK 0001329353

Filing Metadata

Form type
4
Filed
Dec 10, 7:00 PM ET
Accepted
Dec 11, 3:01 PM ET
Size
8.9 KB