ROTHENBERG ALAN I 4
4 · 1st Century Bancshares, Inc. · Filed Nov 21, 2011
Insider Transaction Report
Form 4
ROTHENBERG ALAN I
DirectorCEO and Chairman of the Board
Transactions
- Purchase
Common Stock
2011-11-18$3.51/sh+5,000$17,527→ 283,866 total - Award
Common Stock
2011-11-17+30,000→ 278,866 total - Sale
Common Stock
2011-11-21$3.43/sh−3,000$10,287→ 60,225 total(indirect: Alan Rothenberg Defined Benefit Pension Plan)
Holdings
- 30,225(indirect: By 401(k))
Common Stock
- 21,500(indirect: Latham & Watkins Thrift & Profit Sharing Retirement Plan)
Common Stock
- 370,000
Stock Option (right to buy)
Exercise: $5.00From: 2005-10-20Exp: 2014-02-24→ Common Stock (370,000 underlying) - 307,573
Stock Option (right to buy)
Exercise: $8.75From: 2005-10-20Exp: 2015-04-19→ Common Stock (307,573 underlying)
Footnotes (3)
- [F1]All 30,000 of these shares are restricted stock subject to a vesting schedule set forth in the restricted stock grant agreement and subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant agreement, a form of which agreement was previously filed as Exhibit 4.5 to the Issuer's Form S-8 filed with the SEC on December 21, 2007.
- [F2]Includes shares of restricted stock subject to a vesting schedule set forth in the restricted stock grant and subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant a form of which was previously filed as Exhibit 4.5 to the Issuer's Form S-8 filed with the SEC on December 21, 2007.
- [F3]All 3,000 of these shares are being sold to satisfy an Internal Revenue Service Required Minimum Distribution.