4//SEC Filing
SOUTHERN COMMUNITY BANCORP 4
Accession 0001181431-04-043034
CIK 0001110544operating
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 7:45 PM ET
Size
9.3 KB
Accession
0001181431-04-043034
Insider Transaction Report
Form 4
HURT JENNINGS L III
Director
Transactions
- Award
Common Stock
2004-03-01$14.00/sh+35$490→ 190,352 total - Award
Common Stock
2004-03-01$10.50/sh+242$2,541→ 190,317 total - Award
Stock Option
2004-02-04+2,500→ 2,500 totalExercise: $14.00From: 2005-02-04Exp: 2014-02-04→ common stock (2,500 underlying)
Footnotes (4)
- [F1]The reporting person elected to receive, in lieu of a cash payment for attending board of directors' meetings of certain subsidiaries of the issuer, these shares of common stock of the issuer. At the time of this election, the market value of the issuer's common stock was determined to be $10.50 per share.
- [F2]These options vest ratably over a period of three years, commencing on February 4, 2005.
- [F3]These options were granted to the reporting person, without payment therefor, as compensation for serving as a director of the issuer.
- [F4]The reporting person elected to receive, in lieu of a cash payment for attending during 2004 board of directors' meetings of certain subsidiaries of the issuer, these shares of common stock of the issuer. At the time of this election, the market value of the issuer's common stock was determined to be $14.00 per share.
Documents
Issuer
SOUTHERN COMMUNITY BANCORP
CIK 0001110544
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0001110544
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 7:45 PM ET
- Size
- 9.3 KB