4//SEC Filing
ANNAPOLIS BANCORP INC 4
Accession 0001181431-08-005009
CIK 0001041429operating
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 7:25 PM ET
Size
10.8 KB
Accession
0001181431-08-005009
Insider Transaction Report
Form 4
LERNER LAWRENCE E
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2007-12-31+531→ 1,602,134 total - Exercise/Conversion
Restricted Share Units
2007-12-31−531→ 0 totalFrom: 2007-12-31→ Common Stock (531 underlying) - Award
Common Stock
2008-01-18+0→ 1,602,134 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.
Issuer
ANNAPOLIS BANCORP INC
CIK 0001041429
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001041429
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 7:25 PM ET
- Size
- 10.8 KB