ASHLEY JACK L 4
4 · FIRST SOUTH BANCORP INC /VA/ · Filed Aug 27, 2003
Insider Transaction Report
Form 4
ASHLEY JACK L
Sr Executive Vice Pres. / COO
Transactions
- Exercise of In-Money
Right to buy Options
2003-08-26$12.17/sh−5,000$60,835→ 25,000 totalExercise: $12.17From: 1998-04-08Exp: 2008-04-08→ Common Stock (5,000 underlying) - Exercise of In-Money
Common Stock
2003-08-26$12.17/sh+5,000$60,835→ 21,182 total
Footnotes (2)
- [F1]Exercised an in-the-money right to buy option. Exercise price of $12.167. Market value of $37.72 on date exercised.
- [F2]Beneficial ownership: 8,281 direct by self; 12,901 indirect by IRA.