4//SEC Filing
SWEENEY STEVEN J 4
Accession 0001179110-10-001290
CIK 0000356708other
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 8:18 PM ET
Size
17.6 KB
Accession
0001179110-10-001290
Insider Transaction Report
Form 4
SWEENEY STEVEN J
General Counsel
Transactions
- Will/Inheritance
Common Stock
2010-01-15−98,000→ 0 total(indirect: By Trust) - Will/Inheritance
Common Stock
2010-01-15+84,000→ 95,000 total - Will/Inheritance
Common Stock
2010-01-15−84,000→ 0 total(indirect: By Trust)
Holdings
- 118,000(indirect: By Trust)
Common Stock
- 3,000(indirect: By IRA)
Common Stock
- 31,519(indirect: By 401(k))
Common Stock
- 21,003(indirect: By Trust)
Common Stock
- 10,000
Stock Option (right to buy)
Exercise: $4.24From: 2009-08-01Exp: 2018-07-01→ Common Stock (10,000 underlying) - 3,195(indirect: Employee Stock Ownership Plan)
Common Stock
- 4,206(indirect: By Trust)
Common Stock
- 75,000
Stock Option (right to buy)
Exercise: $6.93From: 2004-10-01Exp: 2013-09-01→ Common Stock (75,000 underlying)
Footnotes (10)
- [F1]Shares acquired from the Steven John Sweeney Irrevocable Trust upon termination of such irrevocable trust and distribution of all of the assets of such irrevocable trust. See footnote 2, below.
- [F10]The option was granted on September 22, 2003 under the company's 1999 Stock Option Plan and vests over seven years as follows: 10,713 option shares on August 1 of 2004, 2005, 2006, 2007, 2008 and 2009 and 10,722 option shares on October 1, 2010.
- [F2]The Declaration of Trust for the Steven John Sweeney Irrevocable Trust, dated December 20, 1989, provides for the termination of the trust and the distribution of all assets held by the trust on January 15, 2010. In accordance with such terms, all shares of the issuer's common stock were distributed to the beneficiary on January 15, 2010.
- [F3]The Declaration of Trust for the Cynthia Louise McLean Irrevocable Trust, dated December 20, 1989, provides for the termination of the trust and the distribution of all assets held by the trust on January 15, 2010. In accordance with such terms, all shares of the issuer's common stock were distributed to the beneficiary on January 15, 2010.
- [F4]Beneficially owned by reporting person through the Steven and Julie Sweeney Family Trust dated 10/06/06.
- [F5]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 the purposes of Section 16 or for any other purpose.
- [F6]Represents total number of shares in 401(k) Plan, all of which are vested.
- [F7]Shares beneficially owned by reporting person's child.
- [F8]Represents total number of shares in Employee Stock Ownership Plan, of which 2,556 shares (or 80%) are vested.
- [F9]The option was granted on July 25, 2008 under the company's 2005 Stock Option Plan 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.
Documents
Issuer
FIRST REGIONAL BANCORP
CIK 0000356708
Entity typeother
Related Parties
1- filerCIK 0001262631
Filing Metadata
- Form type
- 4
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 8:18 PM ET
- Size
- 17.6 KB