Burton John L 4
4 · Tennessee Commerce Bancorp, Inc. · Filed Jul 6, 2011
Insider Transaction Report
Form 4
Burton John L
Sr. VP
Transactions
- Award
Phantom Stock
2011-04-01$4.90/sh+1,429$7,002→ 1,429 total→ Common Stock (1,429 underlying) - Award
Phantom Stock
2011-07-01$2.60/sh+2,692$6,999→ 2,692 total→ Common Stock (2,692 underlying)
Footnotes (1)
- [F1]Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, on July 1, 2012.