SNIPES CHARLES M 4
4 · BANK OF GRANITE CORP · Filed Aug 27, 2003
Insider Transaction Report
Form 4
SNIPES CHARLES M
DirectorChairman
Transactions
- Award
Common Stock
2003-08-26+89→ 166,729 total
Footnotes (1)
- [F1]Received as a portion of the consideration for the exchange of 126 shares of First Commerce Corporation in connection with the merger of First Commerce Corporation into Bank of Granite Corporation. On the effective date of the merger, the closing price of First Commerce Corporation's common stock was $18.75 per share, and the closing price of Bank of Granite Corporation's common stock was $18.89 per share.