TOWNSEND THOMAS R 4
4 · First Federal of Northern Michigan Bancorp, Inc. · Filed May 17, 2011
Insider Transaction Report
Form 4
TOWNSEND THOMAS R
Director
Transactions
- Purchase
Common Stock
2011-05-13$3.65/sh+3,771$13,764→ 19,982 total
Holdings
- 2,500
Stock Options
Exercise: $9.20From: 2017-03-14Exp: 2016-03-14→ Common Stock (2,500 underlying) - 5,900
Stock Options
Exercise: $9.65From: 2007-05-17Exp: 2016-05-17→ Common Stock (5,900 underlying)
Footnotes (3)
- [F1]Includes shares of restricted stock that vest over a five year period, commencing on May 17, 2006, at the rate of 20% per year.
- [F2]Represents stock options that vest over a five year period, commencing on March 14, 2006, at the rate of 20% per year.
- [F3]Represents stock options that vest over a five year period, commencing on May 17, 2006, at the rate of 20% per year.