FIDELITY BANKSHARES INC 4
4 · FIDELITY BANKSHARES INC · Filed May 24, 2004
Insider Transaction Report
Form 4
ALDRED RICHARD D
Executive Vice President
Transactions
- Tax Payment
FFFL Common Stock
2004-05-21$34.26/sh−1,500$51,390→ 101,875 total
Holdings
- 13,194(indirect: By ESOP)
FFFL Common Stock
- 5,210
Stock Options 2002 (2-17-04)
Exercise: $38.38From: 2002-05-21Exp: 2012-05-20→ FFFL Common Stock (5,210 underlying) - 9,000
SMPIAP Phantom Stock Units
Exercise: $0.00→ FFFL Common Stock (9,000 underlying) - 39,130
Stock Options 2002
Exercise: $20.26From: 2002-05-21Exp: 2012-05-20→ FFFL Common Stock (39,130 underlying) - 10,554(indirect: By 401(k))
FFFL Common Stock
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.