Broomall W Lawrence 4
4 · TRANSCOMMUNITY FINANCIAL CORP · Filed May 25, 2007
Insider Transaction Report
Form 4
Broomall W Lawrence
Other
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 upon the reporting person's resignation from the Board of Directors of the Company on January 16, 2007 and it's subsidiary on March 22, 2007 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.