Home/Filings/4/0001181431-09-004901
4//SEC Filing

CULP CLYDE E III 4

Accession 0001181431-09-004901

CIK 0001041429other

Filed

Jan 26, 7:00 PM ET

Accepted

Jan 27, 12:30 PM ET

Size

7.4 KB

Accession

0001181431-09-004901

Insider Transaction Report

Form 4
Period: 2009-01-23
Transactions
  • Award

    Common Stock

    2009-01-23+03,181 total
Holdings
  • Stock Option - (right to buy)

    Exercise: $9.30Exp: 2015-06-17Common Stock (8,888 underlying)
    8,888
Footnotes (3)
  • [F1]Restricted share units granted under the Annapolis Bancorp, Inc. 2006 Stock Incentive Plan valued at $5,000 that will vest on January 23, 2010. 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 20, 2009 (with cash in lieu of fractional shares).
  • [F2]Includes 650 shares of Annapolis Bancorp, Inc. common stock underlying the restricted share units granted on January 18, 2008 under the Annapolis Bancorp, Inc. 2006 Stock Incentive Plan that vested 100% on January 18, 2009. Does not include the number of shares of common stock underlying the restricted share units granted on January 23, 2009, which will be based on $5,000 value divided by the per share closing price of the common stock on February 20, 2009.
  • [F3]Option granted under the Annapolis National Bancorp, Inc. 2000 Stock Incentive Plan vests in five equal annual installments commencing on June 17, 2006.

Issuer

ANNAPOLIS BANCORP INC

CIK 0001041429

Entity typeother

Related Parties

1
  • filerCIK 0001077353

Filing Metadata

Form type
4
Filed
Jan 26, 7:00 PM ET
Accepted
Jan 27, 12:30 PM ET
Size
7.4 KB