FIRST REGIONAL BANCORP 4
4 · FIRST REGIONAL BANCORP · Filed Aug 5, 2008
Insider Transaction Report
Form 4
MCCULLOUGH THOMAS E
DirectorEVP& Chief Operating Officer
Transactions
- Purchase
Common Stock
2008-08-04$5.08/sh+1,500$7,620→ 73,575 total
Holdings
- 13,541(indirect: Employee Stock Option Plan)
Common Stock
- 25,000
Stock Option (right to buy)
Exercise: $5.01From: 2009-08-01Exp: 2018-07-01→ Common Stock (25,000 underlying) - 28,666(indirect: By 401(k))
Common Stock
- 51,000
Stock Option (right to buy)
Exercise: $6.93From: 2004-10-01Exp: 2013-09-01→ Common Stock (51,000 underlying) - 150,000
Stock Option (right to buy)
Exercise: $3.83From: 2003-12-01Exp: 2013-11-01→ Common Stock (150,000 underlying)
Footnotes (6)
- [F1]Shares held in McCullough 2008 Trust.
- [F2]Represents total number of shares in 401(k) Plan (fully vested).
- [F3]Represents total number of shares in Employee Stock Ownership Plan (fully vested).
- [F4]The option was granted on July 31, 2008 and vests over seven years as follows: 3,500 option shares on August 1 of 2009, 2010, 2011, 2012, 2013 and 2014 and 4,000 option shares on August 1, 2015.
- [F5]The option was granted on September 22, 2003 under the issuer's 1999 Stock Option plan and vests over seven years as follows: 7,284 option shares on October 1 of 2004, 2005, 2006, 2007, 2008 and 2009 and 7,296 option shares on October 1, 2010.
- [F6]The option was granted on Novmeber 12, 2002 under the company's 1999 Stock Option Plan and became fully vested as of December 31, 2007.