Perez Frank 4
4 · Tennessee Commerce Bancorp, Inc. · Filed Jan 4, 2011
Insider Transaction Report
Form 4
Perez Frank
Chief Financial Officer
Transactions
- Award
Phantom Stock
2010-12-31$4.88/sh+523$2,552→ 523 total→ Common Stock (523 underlying)
Footnotes (1)
- [F1]Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, on July 1, 2011.