HOWELL CHARLES F 5

5 · PATRIOT NATIONAL BANCORP INC · Filed Jan 25, 2005

Form 5

Period: 2004-12-31

DirectorPresident & Vice Chairman

Transactions

Award
Stock Appreciation Rights
2001-12-31+10,000→ 7,500 total
Exercise: $8.28From: 2002-12-31Exp: 2011-12-31→ Common Stock (10,000 underlying)
Award
Stock Appreciation Rights
2000-12-31+10,000→ 10,000 total
Exercise: $7.08From: 2004-12-31Exp: 2010-12-31→ Common Stock (10,000 underlying)
Award
Stock Appreciation Rights
2003-12-31+10,000→ 2,500 total
Exercise: $11.90From: 2004-12-31Exp: 2013-12-31→ Common Stock (10,000 underlying)
Award
Restricted Share Rights
2000-12-31+6,779→ 0 total
Exercise: $0.00Exp: 2004-12-31→ Common Stock (6,779 underlying)
Award
Restricted Share Rights
2003-12-31+4,537→ 3,403 total
Exercise: $0.00Exp: 2007-12-31→ Common Stock (4,537 underlying)
Award
Restricted Share Rights
2002-12-31+5,187→ 2,680 total
Exercise: $0.00Exp: 2006-12-31→ Common Stock (5,182 underlying)
Award
Restricted Share Rights
2001-12-31+5,797→ 1,450 total
Exercise: $0.00Exp: 2005-12-31→ Common Stock (5,792 underlying)
Award
Stock Appreciation Rights
2002-12-31+10,000→ 5,000 total
Exercise: $9.84From: 2003-12-31Exp: 2012-12-31→ Common Stock (10,000 underlying)

Footnotes (2)

[F1]No Restricted Shares were available for grant under restricted stock program at 12/31/00 - 03. Of the 6,779 restricted share rights granted 12/31/00, 1,694 vested and were exchanged for cash on each of 12/31/01, 12/31/02 and 12/31/03, and 1,695 vested and were paid in cash 12/31/04. Of the 5,797 restricted share rights granted 12/31/01, 1,449 vested and were exchanged for cash on each of 12/31/02, 12/31/03 and 12/31/04, and 1,450 will vest on 12/31/05. Of the 5,182 restricted shares rights granted 12/31/02, 1,251 vested and were exchanged for cash on each of 12/31/03 and 12/31/04 and 1,385 will vest on 12/31/05 and 1,295 will vest 12/31/06. Of the 4,537 restricted share rights granted on 12/31/03, 1,134 vested and were exchanged for cash on 12/31/04 and 1,154 will vest on each of 12/31/05, 12/31/06 and 12/31/07
[F2]All awards were made for services rendered.

Documents

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