NEWALLIANCE BANCSHARES INC 4
4 · NEWALLIANCE BANCSHARES INC · Filed Jun 28, 2007
Insider Transaction Report
Form 4
CHAN K P
EVP / Chief Risk Officer
Transactions
- Tax Payment
Common Stock
2007-06-26$15.00/sh−45$675→ 290 total(indirect: By Stock Award)
Holdings
- 49,000(indirect: By Stock Award)
Common Stock
- 23,751(indirect: By Spouse)
Common Stock
- 3,756(indirect: ESOP)
Common Stock
- 1,250
Stock Options (Right to Buy)
Exercise: $13.89From: 2007-06-26Exp: 2016-06-26→ Common Stock (1,250 underlying) - 130,000
Stock Options (Right to Buy)
Exercise: $14.39From: 2005-12-30Exp: 2015-06-17→ Common Stock (130,000 underlying) - 569(indirect: DRIP)
Common Stock
Footnotes (4)
- [F1]Stock awards granted pursuant to the NewAlliance Bancshares, Inc. Long-Term Incentive Plan vests 15% on each January 1 of years 2006-2011 and 10% on January 1, 2012.
- [F2]Representing shares withheld by the issuer for tax liability purposes with respect to the vesting of and removal of restrictions on 435 shares of Restricted Stock previously issued to the Reporting Person on June 26, 2006 vesting ratably on June 26, 2007, 2008 and 2009, by the Issuer under its 2005 Long-Term Compensation Plan.
- [F3]Option vests in equal annual installments over three years beginning on the first anniversary of the date grant, subject to continued employment.
- [F4]Stock Options granted pursuant to the NewAlliance Bancshares, Inc. Long-Term Incentive Plan vest 40% on December 31, 2005 and 20% on the last business day of each of the three succeeding years.