SPENCE STEVEN N 4
4 · WEST COAST BANCORP /NEW/OR/ · Filed Mar 17, 2010
Insider Transaction Report
Form 4
SPENCE STEVEN N
Director
Transactions
- Exercise of In-Money
Subscription Rights (right to buy)
2010-03-15−3,272→ 0 total(indirect: By Spouse)Exercise: $2.00From: 2010-01-19Exp: 2010-03-15→ Common Stock (3,272 underlying) - Exercise of In-Money
Common Stock
2010-03-15$2.00/sh+3,272$6,544→ 5,272 total(indirect: By Spouse) - Exercise of In-Money
Subscription Rights (right to buy)
2010-03-15−23,469→ 0 totalExercise: $2.00From: 2010-01-19Exp: 2010-03-15→ Common Stock (23,469 underlying) - Exercise of In-Money
Common Stock
2010-03-15$2.00/sh+23,469$46,938→ 39,850 total
Footnotes (2)
- [F1]Based on the date the reporting person's brokerage account was credited with the shares.
- [F2]These shares of common stock were purchased upon the exercise of subscription rights issued pro rata to holders of West Coast Bancorp's common stock as of the close of business on January 19, 2010, to purchase shares of West Coast Bancorp's common stock at a subscription price of $2.00 per share.