NORTH STATE BANCORP 4
4 · NORTH STATE BANCORP · Filed Feb 1, 2007
Insider Transaction Report
Form 4
HENDRICKSON C THOMAS
Director
Transactions
- Purchase
Common Stock
2007-02-01$24.95/sh+2,000$49,900→ 28,706 total
Holdings
- 28,764
Stock Option (Right to Buy)
Exercise: $3.99From: 2001-06-01Exp: 2011-06-01→ Common Stock (43,146 underlying) - 8,921
Stock Option (Right to Buy
Exercise: $3.99Exp: 2012-06-01→ Common Stock (13,383 underlying) - 3,084(indirect: By Spouse)
Common Stock
- 68,882(indirect: By Spouse)
Common Stock
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