EMPIRE FINANCIAL HOLDING CO 4
4 · EMPIRE FINANCIAL HOLDING CO · Filed Jun 10, 2005
Insider Transaction Report
Form 4
WOJNOWSKI DONALD A JR
DirectorPresident
Transactions
- Exercise/Conversion
Stock Option
2005-06-02−55,629→ 0 totalExercise: $1.09From: 2003-06-19Exp: 2013-06-19→ Common Stock $.01 Par Value (55,629 underlying) - Exercise/Conversion
Common Stock $.01 Par Value
2005-06-02$1.09/sh+55,629$60,636→ 111,519 total - Tax Payment
Stock Option
2005-06-02−144,371→ 0 totalExercise: $1.09From: 2003-06-19Exp: 2013-06-19→ Common Stock $.01 Par Value (144,371 underlying)
Holdings
- 51,000(indirect: By 401(k))
Common Stock $.01 Par Value
- 125,000
Stock Option
Exercise: $2.00From: 2003-06-19Exp: 2013-06-19→ Common Stock $.01 Par Value (125,000 underlying)
Footnotes (2)
- [F1]Shares are held in Mr. Wojnowski's Self Directed 401K.
- [F2]Consideration consisted of cancellation of option covering 144,371 shares of common stock of Empire Financial which had a value of $60,635 based on the difference between the closing price of $1.51 and the exercise price of $1.09.