FIRST REGIONAL BANCORP 4
4 · FIRST REGIONAL BANCORP · Filed Feb 1, 2007
Insider Transaction Report
Form 4
SHERMAN LAWRENCE J
Director
Transactions
- Sale
Common Stock
2007-01-31$34.25/sh−20,000$684,986→ 85,900 total
Holdings
- 105,000
Stock Option (right to buy)
Exercise: $3.84From: 2002-12-31Exp: 2012-11-01→ Common Stock (105,000 underlying)
Footnotes (3)
- [F1]Reflects adjustment for 3-for-1 stock split effected August 2006.
- [F2]Beneficially owned by reporting person through the Lawrence J. and Charlotte P. Sherman Family Trust.
- [F3]The option was granted on November 12, 2002 under the company's 1999 Stock Option Plan and vests over five years, as follws: 52,500 option shares on December 31, 2002 and 10,500 option shares on December 31 of 2003, 2004, 2005, 2006 and 2007. Reflects adjustment for 3-for-1 stock split effected August 2006.