PAOLUCCI JEFFREY A 4
4 · FIRST RELIANCE BANCSHARES INC · Filed Oct 5, 2004
Insider Transaction Report
Form 4
PAOLUCCI JEFFREY A
DirectorSVP, Chief Financial Officer
Transactions
- Award
Option (right to buy)
2004-10-05$11.50/sh+10,000$115,000→ 20,000 totalExercise: $11.50From: 2008-01-01Exp: 2014-08-15→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]Mr. Paolucci's options vests as follows: 2,000 shares underlying the option vest on October 5, 2004; 2,000 additional shares underlying the option vest on January 1, 2005; 2,000 additional shares underlying the option vest on January 1, 2006; 2,000 additional shares underlying the option vest on January 1, 2007; 2,000 additional shares underlying the option vest on January 1, 2008.