BUONFORTE JEFFREY 4
4 · LAKELAND BANCORP INC · Filed Nov 9, 2010
Insider Transaction Report
Form 4
BUONFORTE JEFFREY
Executive Vice President
Transactions
- Disposition to Issuer
Employee Stock Option
2010-11-05$7.65/sh−13,400$102,510→ 0 totalExercise: $7.65Exp: 2010-12-13→ common stock (13,400 underlying) - Exercise/Conversion
Common Stock
2010-11-05$7.65/sh+13,400$102,510→ 38,782 total - Tax Payment
Common Stock
2010-11-05$10.40/sh−9,371$97,458→ 29,411 total
Footnotes (3)
- [F1]Includes 3,616 shares subject to restricted stock award that has not yet vested.
- [F2]The reporting person paid the exercise price by a combination of delivering previously owned shares and cash.
- [F3]This stock option was granted pursuant to the Company's 2000 Equity Compensation Program and vests in 25% annual increments beginning an the first anniversary of the grant date.