FIRST COMMUNITY BANCORP /CA/ 4
4 · FIRST COMMUNITY BANCORP /CA/ · Filed Jan 5, 2006
Insider Transaction Report
Form 4
POWERS WILLIAM T
Pres Desert Region of Sub PWB
Transactions
- Exercise/Conversion
Performance Stock
2006-01-03−20,000→ 30,000 totalExercise: $0.00Exp: 2013-03-31→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]Performance stock converts 1 for 1 into shares of Issuer common stock upon vesting.
- [F2]The performance stock vests in full upon the Issuer achieving financial targets as set forth in an agreement with the reporting person.
- [F3]Includes 10,000 shares of performance stock granted July 28, 2003, which will vest in part and in full upon the Issuer achieving financial targets as set forth in an agreement with the reporting person.