NORTH STATE BANCORP 4
4 · NORTH STATE BANCORP · Filed Aug 30, 2004
Insider Transaction Report
Form 4
HENDRICKSON C THOMAS
Director
Transactions
- Purchase
Common Stock
2004-08-30$16.00/sh+600$9,600→ 44,190 total
Holdings
- 20,844
Stock Option (Right to Buy)
Exercise: $8.26From: 2001-06-01Exp: 2011-06-01→ Common Stock (20,844 underlying) - 6,465
Stock Option (Right to Buy
Exercise: $8.26Exp: 2012-06-10→ Common Stock (6,465 underlying)
Footnotes (1)
- [F1]These options vest one-fifth over a five year period beginning on June 1, 2000, the date of grant, provided the Reporting Person attends at least 80% of combined board and committee meetings each year. If attendance is not met, the options will vest based on the percentage of meetings attended