NORTH STATE BANCORP 4
4 · NORTH STATE BANCORP · Filed Aug 18, 2003
Insider Transaction Report
Form 4
STANCIL JACK M
Director
Transactions
- Purchase
Common Stock
2003-07-03$11.00/sh+250$2,750→ 20,251 total - Purchase
Common Stock
2003-04-24$11.00/sh+110$1,210→ 20,001 total
Holdings
- 2,739
Stock Option (Right to Buy)
Exercise: $9.09From: 2001-06-01Exp: 2011-06-01→ Common Stock (2,739 underlying) - 3,158
Stock Option (Right to Buy)
Exercise: $9.09Exp: 2012-06-12→ Common Stock (3,158 underlying)
Footnotes (1)
- [F1]These stock options will vest one-fifth over a period of five years beginning on June 1, 2000, the date of grant, provided the Reporting Person attends at least 80% of combined board and assigned committee meetings each year. If attendance is not met, the options will vest based on the percentage of board and committee meetings attended.