Martin Charles E Jr 4
4 · Atlantic Coast Financial CORP · Filed Nov 2, 2011
Insider Transaction Report
Form 4
Martin Charles E Jr
Director
Transactions
- Sale
Common Stock
2011-10-28$1.37/sh−4,900$6,709→ 44 total
Holdings
- 151(indirect: By IRA)
Common Stock
- 5,911.91
Phantom Stock
→ Common stock (5,911.91 underlying) - 1,401
Stock Options
Exercise: $69.90From: 2006-10-11Exp: 2015-10-11→ Common stock (1,401 underlying) - 196(indirect: By Spouse)
Common Stock
- 5,000(indirect: By Director Retirement Plan)
Common Stock
- 2,802
Stock Options
Exercise: $70.05From: 2006-07-28Exp: 2015-07-28→ Common stock (2,802 underlying) - 1,176
Stock Options
Exercise: $14.95From: 2011-06-28Exp: 2020-06-28→ Common stock (1,176 underlying)
Footnotes (4)
- [F1]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.
- [F2]Stock options are fully vested.
- [F3]Stock options that vest at a rate of 20% per year commencing on June 28, 2011.
- [F4]Shares sold as the result of a margin loan call by the reporting person's broker.