BROWN ROBERT WALTON 4
4 · FIRST BANCORP /NC/ · Filed Jan 4, 2012
Insider Transaction Report
Form 4
BROWN ROBERT WALTON
Director
Transactions
- Exercise/Conversion
Performance Units
2011-12-30−1,072→ 0 totalExercise: $0.00Exp: 2011-12-31→ Common Stock (1,072 underlying) - Exercise/Conversion
Common Stock
2011-12-30+1,072→ 21,380 total - Tax Payment
Common Stock
2011-12-30$11.15/sh−336$3,746→ 21,044 total
Holdings
- 0(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]Each performance unit represents a contingent right to receive one share of First Bancorp common stock. The performance rights vest if the recipient remains employed with the Company and otherwise eligible to receive the shares on December 31, 2011.