MAIN STREET BANKS INC /NEW/ 4
4 · MAIN STREET BANKS INC /NEW/ · Filed Dec 16, 2004
Insider Transaction Report
Form 4
MONROE JOHN T
Exec. VP & CCO
Transactions
- Award
Options to Purchase MSBK Common Stock
2004-12-14+3,780→ 32,590 totalExercise: $33.48Exp: 2014-12-13→ MSBK Common Stock (3,780 underlying) - Award
MSBK Common Stock
2004-12-14+1,890→ 16,295 total
Footnotes (3)
- [F1]Securities are "Restricted Stock," granted to the undersigned under the terms of the Issuer's Omnibus Stock Ownership and Long Term Incentive Plan (the "Plan"). Restrictions lapse over five (5) years, with one-fifth (1/5) of the securities being released from restrictions per year beginning January 1, 2006 and on each anniversary thereafter.
- [F2]Options vest over five (5) years, with one fifth (1/5) of options vesting per year beginning on the first anniversary of the grant date.
- [F3]The options were granted to the undersigned under the terms of the Plan.