4/A//SEC Filing
LOWDER ROBERT E 4/A
Accession 0001181431-09-000231
CIK 0000092339other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 5:43 PM ET
Size
6.7 KB
Accession
0001181431-09-000231
Insider Transaction Report
Form 4/AAmended
LOWDER ROBERT E
DirectorCEO
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2008-01-15+200,000→ 0 totalExercise: $11.29From: 2009-01-15Exp: 2018-01-15→ Common Stock (200,000 underlying)
Footnotes (3)
- [F1]On January 17, 2008 Mr. Lowder reported a stock option award under CNB's 2001 Long-Term Incentive Plan (the "Plan") made by the Compensation Committee that was intended to cover 258,491 shares with an exercise price of $11.29, the then current market value of CNB's common stock per share. The Plan includes a 200,000 share limit on the number of shares subject to stock options awarded to any individual in a calendar year and as a result, at a meeting held on December 30, 2008, the Committee corrected this award to properly reflect it as a stock option award for 200,000 shares.
- [F2]Options vest in 5 equal installments, 20% annually beginning one year from the date of grant.
- [F3]The price of the reported derivative security award has been corrected to reflect that no consideration was paid to CNB for this award.
Documents
Issuer
COLONIAL BANCGROUP INC
CIK 0000092339
Entity typeother
Related Parties
1- filerCIK 0000939436
Filing Metadata
- Form type
- 4/A
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 5:43 PM ET
- Size
- 6.7 KB