CORY STEVEN C 4
4 · NATIONAL PROCESSING INC · Filed Aug 25, 2003
Insider Transaction Report
Form 4
CORY STEVEN C
Executive Vice President
Transactions
- Award
Restricted Stock
2003-08-21$20.27/sh+10,000$202,700→ 10,000 total - Award
Stock Options
2003-08-21+10,000→ 10,000 totalExercise: $20.27From: 2004-08-21Exp: 2013-08-21→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Restricted Stock Grants are made pursuant to the National Processing, Inc. 2001 Restricted Stock Plan. The restrictions lapse on one half of the shares on the second anniversary of the grant date and the restrictions lapse on the balance of the shares on the fourth anniversary of the grant date.
- [F2]These Stock Options were granted under the National Processing, Inc. 2000 Stock Option Plan. The options generally expire ten years from the date of grant and one-third of the option becomes exercisable on each of the first three anniversaries of the grant date.