OptimumBank Holdings, Inc.·4

Aug 13, 11:20 AM ET

KAYE SUMNER 4

4 · OptimumBank Holdings, Inc. · Filed Aug 13, 2004

Insider Transaction Report

Form 4
Period: 2004-08-12
KAYE SUMNER
Director
Transactions
  • Exercise/Conversion

    Common Stock

    2004-08-12$6.75/sh+1,000$6,75011,125 total
  • Sale

    Common Stock

    2004-08-12$7.50/sh8,500$63,7502,625 total
  • Sale

    Common Stock

    2004-08-12$7.50/sh2,500$18,750125 total
  • Exercise/Conversion

    Non-Employee Director Stock Option (Right to Buy)

    2004-08-12$6.75/sh1,000$6,7500 total
    Exercise: $6.75Exp: 2012-10-31Common Stock (1,000 underlying)
  • Exercise/Conversion

    Non-Employee Director Stock Option (Right to Buy)

    2004-08-12$5.00/sh10,000$50,0000 total
    Exercise: $5.00Exp: 2011-02-27Common Stock (10,000 underlying)
  • Exercise/Conversion

    Common Stock

    2004-08-12$5.00/sh+10,000$50,00010,125 total
Footnotes (3)
  • [F1]The option for 10,000 shares vests in three equal annual installments beginning on February 27, 2002.
  • [F2]The option for 5,000 shares vests in five equal annual installments beginning on October 31, 2003.
  • [F3]Remaining option to purchase 4,000 shares terminated due to reporting person's resignation as a director.

Documents

2 files