FUGATE ROBERT L 4
4 · FIDELITY BANKSHARES INC · Filed Nov 7, 2003
Insider Transaction Report
Form 4
FUGATE ROBERT L
Executive Vice President
Transactions
- Purchase
FFFL Common Stock
2003-11-04$27.68/sh+18$498→ 32,094 total(indirect: By 401(k))
Holdings
- 18,895
SMPIAP Phantom Stock Units
Exercise: $0.00→ FFFL Common Stock (18,895 underlying) - 74,074
FFFL Common Stock
- 11,192(indirect: By ESOP)
FFFL Common Stock
- 2,675(indirect: By IRA)
FFFL Common Stock
- 49,000
Stock Options 2002
Exercise: $20.26From: 2002-05-21Exp: 2012-05-20→ FFFL Common Stock (49,000 underlying)
Footnotes (2)
- [F1]The SIMPIAP (Senior Management Performance Incentive) phantom stock units were accrued on 1/7/94 under Fidelity Federal Bank & Trust deferred compensation plan and are to be settled in stock upon retirement. The shares underlying these units are held by Charles Schwab Trustee, FBO Fidelity Federal Bank & Trust.
- [F2]Options vest in six equal installments beginning on May 21, 2002.