YANAGISAWA DAVID S. 4
4 · LAKELAND BANCORP INC · Filed Jan 30, 2012
Insider Transaction Report
Form 4
YANAGISAWA DAVID S.
EVP and Chief Loan Officer
Transactions
- Award
Common Stock
2012-01-30$10.04/sh+5,154$51,746→ 26,838 total
Footnotes (2)
- [F1]Includes 20,877 shares of restricted stock that have not yet vested.
- [F2]Reference is made to shares of restricted stock awarded under the Lakeland Bancorp Inc. 2009 Equity Compensation Program ("Plan"). Subject to vesting and transferability requirements and restrictions under the Emergency Economic Stabilization Act of 2008 ("EESA"), as amended by the American Recovery and Reinvestment Act of 2009 ("ARRA"), the Interim Final Rule promulgated by the U.S. Department of Treasury on June 15, 2009, as applicable and as may be further amended, and the Plan, the shares of the restricted stock shall vest as follows: 45% on January 30, 2014, 45% on January 30, 2015, with the remaining 10% on the later of January 30, 2017 or the date on which the Company repays the Capital Purchase Program investment.