4//SEC Filing
LERNER LAWRENCE E 4
Accession 0001181431-09-004905
CIK 0001041429other
Filed
Jan 26, 7:00 PM ET
Accepted
Jan 27, 12:32 PM ET
Size
7.3 KB
Accession
0001181431-09-004905
Insider Transaction Report
Form 4
LERNER LAWRENCE E
Director10% Owner
Transactions
- Award
Common Stock
2009-01-23+0→ 1,602,784 total
Holdings
- 8,888
Stock option - (right to buy)
Exercise: $2.42Exp: 2010-04-28→ Common Stock (8,888 underlying)
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 vested in five equal annual installments commencing on April 28, 2001 and, therefore, is currently exercisable.
Issuer
ANNAPOLIS BANCORP INC
CIK 0001041429
Entity typeother
Related Parties
1- filerCIK 0001215262
Filing Metadata
- Form type
- 4
- Filed
- Jan 26, 7:00 PM ET
- Accepted
- Jan 27, 12:32 PM ET
- Size
- 7.3 KB