Franklin Frederick D Jr 4
4 · ATLANTIC COAST FEDERAL CORP · Filed Feb 18, 2010
Insider Transaction Report
Form 4
Franklin Frederick D Jr
Director
Transactions
- Award
Phantom Stock
2010-02-17$1.62/sh+1,206.177$1,959→ 17,533.076 total→ Common Stock (1,206.177 underlying)
Holdings
- 10,352
Common Stock
- 7,150
Stock Options
Exercise: $13.70From: 2006-10-11Exp: 2015-10-11→ Common Stock (7,150 underlying) - 14,300
Stock Options
Exercise: $13.73From: 2006-07-28Exp: 2015-07-28→ Common Stock (14,300 underlying)
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.