NEW CENTURY FINANCIAL CORP 4
4 · NEW CENTURY FINANCIAL CORP · Filed Jul 13, 2004
Insider Transaction Report
Form 4
CLOYD KEVIN
Executive Vice President
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2004-07-13−750→ 6,750 totalExercise: $6.63Exp: 2011-09-19→ Common Stock (750 underlying) - Exercise/Conversion
Common Stock
2004-07-13$6.63/sh+750$4,973→ 38,014 total
Holdings
- 226(indirect: By Son)
Common Stock
Footnotes (4)
- [F1]Shares are held by reporting person as custodian for the benefit of his son under the California Uniform Transfers to Minor Act.
- [F2]This stock option grant vested 20% on September 19, 2002, the first anniversary of the grant date, with an additional 5% vesting on the last day of each succeeding quarter thereafter. The final 5% increment will vest on the fifth anniversary of the grant date. The portion of this stock option exercised by the reporting person on July 13, 2004 vested on June 30, 2004.
- [F3]This column is not applicable.
- [F4]This stock option grant vested 20% on January 30, 2002, the first anniversary of the grant date, with an additional 5% vesting on the last day of each succeeding quarter thereafter. The final 5% increment will vest on the fifth anniversary of the grant date. The portion of this stock option exercised by the reporting person on July 13, 2004 vested on June 30, 2004.