FORSTER FREDRIC J 4
4 · NEW CENTURY FINANCIAL CORP · Filed Apr 8, 2004
Insider Transaction Report
Form 4
FORSTER FREDRIC J
Director
Transactions
- Exercise/Conversion
Common Stock
2004-04-07$6.67/sh+15,000$100,050→ 15,000 total - Exercise/Conversion
Common Stock
2004-04-07$6.70/sh+20,000$134,000→ 35,000 total - Exercise/Conversion
Stock Option (Right to Buy)
2004-04-07−20,000→ 17,500 totalExercise: $6.70Exp: 2011-05-15→ Common Stock (20,000 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2004-04-07−15,000→ 0 totalExercise: $6.67Exp: 2008-09-30→ Common Stock (15,000 underlying)
Footnotes (5)
- [F1]This stock option grant vested in three equal installments beginning on September 30, 1999, and therefore is currently exercisable.
- [F2]This stock option grant was previously reported on a Form 4 filed on October 7, 1998 as covering 10,000 shares at an exercise price of $10.00. On July 11, 2003, the stock options remaining under this stock option grant as of June 12, 2003, the record date of the company's 3-for-2 stock split, were adjusted to reflect the stock split.
- [F3]This column is not applicable.
- [F4]This stock option grant vests in three equal installments beginning on May 15, 2002. The portion of this stock option exercised on April 6, 2004 vested as follows: 12,500 shares on May 15, 2002 (on a post-split basis) and 7,500 shares on May 15, 2003 (on a post-split basis).
- [F5]This stock option grant was previously reported on a Form 4 filed on June 6, 2001 as covering 25,000 shares at an exercise price of $10.05. On July 11, 2003, the stock options remaining under this stock option grant as of June 12, 2003, the record date of the company's 3-for-2 stock split, were adjusted to reflect the stock split.