SCOTT MAURICE A 4
4 · MOUNTAINBANK FINANCIAL CORP · Filed Aug 8, 2003
Insider Transaction Report
Form 4
SCOTT MAURICE A
Director
Transactions
- Sale
Common Stock
2003-08-06$32.30/sh−4,134$133,528→ 36,803 total - Sale
Common Stock
2003-08-06$32.31/sh−1,200$38,772→ 35,603 total
Holdings
- 20,000
Series A Convertible Preferred Stock
→ Common Stock (24,000 underlying) - 300(indirect: By Spouse)
Common Stock
- 2,552
Director Stock Option (Right to Buy)
Exercise: $13.33Exp: 2010-10-15→ Common Stock (2,552 underlying)
Footnotes (3)
- [F1]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.
- [F2]This option vests in three equal annual installments beginning October 16, 2001.
- [F3]Each share of Series A Convertible Preferred Stock is convertible into 1.2 shares of common stock at any time after its issuance and has no expiration date.