ANNAPOLIS BANCORP INC 4
4 · ANNAPOLIS BANCORP INC · Filed Jan 23, 2008
Insider Transaction Report
Form 4
KLOS STANLEY J JR
Director
Transactions
- Exercise/Conversion
Restricted Share Units
2007-12-31−531→ 0 totalFrom: 2007-12-31→ Common Stock (531 underlying) - Exercise/Conversion
Common Stock
2007-12-31+531→ 37,879 total - Award
Common Stock
2008-01-18+0→ 37,879 total
Holdings
- 8,888
Stock option - (right to buy)
Exercise: $2.42Exp: 2010-04-28→ Common Stock (8,888 underlying)
Footnotes (5)
- [F1]Restricted share units granted under the Annapolis Bancorp, Inc. 2006 Stock Incentive Plan that vested 100% on December 31, 2007 (previously erroneously reported as January 17, 2008).
- [F2]The restricted share units represented the right to receive 531 shares of Annapolis Bancorp, Inc. common stock, based on $5,000 value divided by the per share closing price of the common stock on February 16, 2007 (with cash in lieu of fractional shares).
- [F3]Restricted shares granted under the Annapolis Bancorp, Inc. 2006 Stock Incentive Plan valued at $5,000 that will vest on January 18, 2009. The number of shares of Annapolis Bancorp, Inc. common stock acquired by the Reporting Person will be based on $5,000 value divided by the per share closing price of the common stock on February 15, 2008 (with cash in lieu of fractional shares).
- [F4]None.
- [F5]Option granted under the Annapolis National Bancorp, Inc. 2000 Stock Incentive Plan vested in five equal annual installments commencing on April 28, 2001 and, therefore, is currently exercisable.