4//SEC Filing
PRUETT CARROL R 4
Accession 0001179110-04-001097
CIK 0001027324other
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 4:22 PM ET
Size
6.7 KB
Accession
0001179110-04-001097
Insider Transaction Report
Form 4
PRUETT CARROL R
Director
Transactions
- Other
Common Stock
2004-01-10$16.63/sh+20,000$332,500→ 60,000 total(indirect: By Company)Exercise: $16.63From: 2002-01-10Exp: 2011-01-10→ Common Stock (100,000 underlying)
Footnotes (6)
- [F1]Incentive Stock Option (right to buy) - 100,000 shares granted as an ISO under the Company's 1996 Stock Option Plan. 12,028 shares issued as an ISO and due to the $100K limitation, remaining 87,972 shares issued and treated as a non-qualified stock option. The Non-Qualified portion of this grant is vesting an additional 20,000 shares; the ISO portion of this grant currently does not have any shares available for exercise.
- [F2]Shares granted at fair market value.
- [F3]Non-Qualified Stock Option granted January 10, 2001 vested an additional 20,000 on January 10, 2004, increasing Mr. Pruett's available shares for exercise to 60,000 shares. These shares have not yet been acquired through the exercise of the option.
- [F4]The Incentive Stock Option and the Non-Qualified Option granted January 10, 2001 vest 20% per year on the anniversary date of the grant for five (5) years at which time the option becomes 100% vested. Optionee has another five (5) years from the 100% vesting anniversary date to exercise the shares in accordance with the terms and conditions of the Company's 1996 Stock Option Plan. To date, no shares under these grants have been exercised.
- [F5]Additional shares becoming vested under the Non-Qualified grant and available for exercise by Mr. Pruett at the exercise price of $16.6250 per share. The ISO grant currently does not have any shares available for exercise.
- [F6]Shares granted to Mr. Pruett by Company on January 10, 2001.
Documents
Issuer
MID-STATE BANCSHARES
CIK 0001027324
Entity typeother
Related Parties
1- filerCIK 0001198886
Filing Metadata
- Form type
- 4
- Filed
- Jan 12, 7:00 PM ET
- Accepted
- Jan 13, 4:22 PM ET
- Size
- 6.7 KB