Ehrlich Kendel Sibiski 4
4 · ANNAPOLIS BANCORP INC · Filed Jan 27, 2009
Insider Transaction Report
Form 4
Ehrlich Kendel Sibiski
Director
Transactions
- Award
Common Stock
2009-01-23+0→ 2,863 total
Footnotes (2)
- [F1]Restricted share units granted under the Annapolis Bancorp, Inc. 2006 Stock Incentive Plan valued at $10,000 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 $10,000 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 1,300 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 $10,000 value divided by the per share closing price of the common stock on February 20, 2009.