SHORE BANCSHARES INC 4
4 · SHORE BANCSHARES INC · Filed Jul 18, 2006
Insider Transaction Report
Form 4
CANNON DANIEL T
DirectorVice President & COO
Transactions
- Exercise/Conversion
Common Stock
2006-07-17$13.17/sh+45$593→ 7,792 total - Exercise/Conversion
Stock Option
2006-07-17−45→ 1,245 totalExercise: $13.17From: 2003-05-09Exp: 2012-05-09→ Common Stock (45 underlying)
Footnotes (3)
- [F1]This amount has been adjusted to reflect the 3-for-2 stock split in the form of a stock dividend that is payable on June 5, 2006 to holders of record on May 22, 2006.
- [F2]This option was previously reported as covering 860 shares at an exercise price of $19.75 per share, but was adjusted to cover 1,290 shares at an exercise price of $13.17 per share effective May 22, 2006 pursuant to the anti-dilution provisions of the underlying stock option plan to reflect the 3-for-2 stock split in the form of a stock dividend that was payable to holders of record as of May 22, 2006.
- [F3]20% vest each May 9, beginning May 9, 2003