Llyod John K 4
4 · COMMERCE BANCORP INC /NJ/ · Filed Mar 26, 2008
Insider Transaction Report
Form 4
Llyod John K
Director
Transactions
- Exercise/Conversion
Common Stock
2008-03-24$31.38/sh+7,500$235,350→ 16,500 total - Exercise/Conversion
Common Stock
2008-03-24$36.62/sh−16,500$604,230→ 0 total - Exercise/Conversion
Right to Buy
2008-03-24−3,000→ 0 totalExercise: $20.06From: 2003-02-04Exp: 2012-02-04→ Common Stock (3,000 underlying) - Exercise/Conversion
Common Stock
2008-03-24$20.06/sh+3,000$60,180→ 3,000 total - Exercise/Conversion
Right to Buy
2008-03-24−7,500→ 0 totalExercise: $31.38Exp: 2015-03-08→ Common Stock (7,500 underlying)
Holdings
- 1,700(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Granted under the Company's 1989 & 1998 Non-Employee Directors' Stock Option Plans, which are 16b-3 plans.
- [F2]Reflects the Company's two-for-one stock split, in the form of a 100% stock dividend, that was declared on February 15, 2005.
- [F3]Under the original terms, the stock options were exercisable in 25% increments on the 1st, 2nd, 3rd and 4th anniversaries of the grant date. In December 2005, the Board of Directors accelerated all unvested stock options to become immediately exercisable.