Martin Charles E Jr 4
4 · ATLANTIC COAST FEDERAL CORP · Filed Dec 10, 2010
Insider Transaction Report
Form 4
Martin Charles E Jr
Director
Transactions
- Award
Phantom Stock
2010-12-08$1.83/sh+473.119$865→ 17,396.989 total→ Common Stock (473.119 underlying)
Holdings
- 14,300
Stock Options
Exercise: $13.73From: 2006-07-28Exp: 2015-07-28→ Common Stock (14,300 underlying) - 6,000
Stock Options
Exercise: $2.93From: 2011-06-28Exp: 2020-06-28→ Common Stock (6,000 underlying) - 771(indirect: By IRA)
Common Stock
- 25,232
Common Stock
- 1,000(indirect: By Spouse)
Common Stock
- 7,150
Stock Options
Exercise: $13.70From: 2006-10-11Exp: 2015-10-11→ Common Stock (7,150 underlying)
Footnotes (5)
- [F1]Includes 12,600 shares of common stock owned jointly with son.
- [F2]Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon the reporting person's termination of service as a director.
- [F3]Stock options that vest at a rate of 20% per year commencing on July 28, 2006.
- [F4]Stock options that vest at a rate of 20% per year commencing on October 11, 2006.
- [F5]Represents stock options that vest at a rate of 20% per year commencing on June 28, 2011.