CLAEYS BRADLEY A 4
4 · TRANSCOMMUNITY FINANCIAL CORP · Filed May 25, 2007
Insider Transaction Report
Form 4
CLAEYS BRADLEY A
Director
Transactions
- Award
Non-Qualified Stock Option (Right-to-Buy)
2007-01-09+4,000→ 4,000 totalExercise: $8.50Exp: 2012-01-09→ Common Stock (4,000 underlying)
Footnotes (2)
- [F1]The option was automatically canceled on February 1, 2007 when the reporting person resigned as a member of the Board of Directors of the Company in accordance with the terms of the Non-Qualified Stock Option Agreement. The reporting person did not receive any consideration for the cancellation.
- [F2]The options would have vested in three annual installments beginning on January 9, 2008 as follows: 1,334 shares on January 9, 2008, 1,333 shares on January 9, 2009, and 1,333 shares on January 9, 2010.