ADVANTA CORP 4
4 · ADVANTA CORP · Filed Jan 26, 2009
Insider Transaction Report
Form 4
ADVANTA CORPADVNB
ALTER DENNIS
DirectorChairman of the Board10% Owner
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2009-01-22−1,200,000→ 0 totalExercise: $5.57Exp: 2019-01-30→ Class B Common Stock (1,200,000 underlying) - Award
Stock Option (Right to Buy)
2009-01-22+1,200,000→ 1,200,000 totalExercise: $5.57Exp: 2019-01-30→ Class B Common Stock (1,200,000 underlying)
Footnotes (1)
- [F1]The two reported transactions involved the amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on January 31, 2002 and became fully vested on February 28, 2005. The option was due to expire on January 30, 2009 and now will expire on January 30, 2019. All other terms of the option remain unchanged.