PAOLUCCI JEFFREY A 4
4 · FIRST RELIANCE BANCSHARES INC · Filed Sep 24, 2003
Insider Transaction Report
Form 4
PAOLUCCI JEFFREY A
DirectorSVP, Chief Financial Officer
Transactions
- Award
Option (right to buy)
2003-09-24$8.32/sh−10,000$83,200→ 10,000 totalExercise: $8.32From: 2007-01-01Exp: 2007-01-01→ Common Stock (10,000 underlying)
Holdings
- 9,899
Common Stock
- 720(indirect: By Spouse)
Common Stock
Footnotes (1)
- [F1]Mr. Paolucci's option vests as follows: 2,000 shares underlying the option vest on August 15, 2003; 2,000 addtional shares underlying the option vest on January 1, 2004; 2,000 addtional shares underlying the option vest on January 1, 2005; 2,000 addtional shares underlying the option vest on January 1, 2006; 2,000 addtional shares underlying the option vest on January 1, 2007.