FIRST REGIONAL BANCORP 4
4 · FIRST REGIONAL BANCORP · Filed Apr 25, 2005
Insider Transaction Report
Form 4
EDWARDS FRED M
Director
Transactions
- Purchase
Common Stock
2003-03-27$12.50/sh+550$6,875→ 1,050 total(indirect: By Trust) - Purchase
Common Stock
2003-03-27$12.50/sh+150$1,875→ 150 total(indirect: By Trust)
Holdings
- 650(indirect: By IRA)
Common Stock
- 25,000
Stock Option (right to buy)
Exercise: $11.50From: 2002-12-31Exp: 2012-11-01→ Common Stock (25,000 underlying) - 15,000
Common Stock
Footnotes (4)
- [F1]Purchase made through participation in the issuer's first quarter 2003 private placement of 236,510 shares of common stock, at a purchase price of $12.50 per share, made to accredited investors pursuant to Regulation D under the Securities Act of 1933.
- [F2]All such shares are beneficially owned by the reporting person's spouse. Also, the reporting person serves as co-trustee of Sandra's Trust U/A 3/11/81. The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is a beneficial owner of such shares for purposes of Section 16 or for any other purpose.
- [F3]Beneficially owned by reporting person through the Fred M. Edwards Family Trust.
- [F4]The option was granted on November 12, 2002 under the company's 1999 Stock Option Plan and vests over five years as follows: 12,500 option shares on December 31, 2002, and 2,500 option shares on December 31 of 2003, 2004, 2005, 2006 and 2007.