FIRST REGIONAL BANCORP 4
4 · FIRST REGIONAL BANCORP · Filed Aug 5, 2008
Insider Transaction Report
Form 4
HORGAN GARY
Director
Transactions
- Purchase
Common Stock
2008-08-04$5.00/sh+1,080$5,400→ 8,080 total(indirect: By 401(k))
Holdings
- 10,000
Stock Option (right to buy)
Exercise: $7.50From: 2009-08-01Exp: 2018-07-01→ Common Stock (10,000 underlying) - 55,500
Stock Option (right to buy)
Exercise: $3.84From: 2002-12-31Exp: 2012-11-01→ Common Stock (55,500 underlying) - 8,000
Common Stock
- 6,000(indirect: By IRA)
Common Stock
Footnotes (3)
- [F1]Held by Alan Rosen Trustee, Horgan, Rosen, Beckham & Coren PS 401k Plan FBO Gary M. Horgan.
- [F2]An option to purchase up to 10,000 shares was granted on July 31, 2008 and vests over seven years as follows: 1,400 option shares on August 1 of 2009, 2010, 2011, 2012, 2013 and 2014 and 1,600 option shares on August 1, 2015.
- [F3]An option to purchase up to 75,000 shares was granted on November 12, 2002 under the company's 1999 Stock Option Plan and became fully vested as of December 31, 2007. The reporting person previously acquired 19,500 option shares pursuant to the partial exercise of such option.