LERNER RICHARD M 4
4 · ANNAPOLIS BANCORP INC · Filed Feb 24, 2009
Insider Transaction Report
Form 4
LERNER RICHARD M
DirectorChairman & CEO
Transactions
- Purchase
Common Stock
2009-02-23$2.60/sh+1,537$3,996→ 222,983 total
Holdings
- 8,888
Stock option - (right to buy)
Exercise: $2.42Exp: 2010-04-28→ Common Stock (8,888 underlying) - 33,333
Stock option - (right to buy)
Exercise: $4.14Exp: 2012-12-31→ Common Stock (33,333 underlying)
Footnotes (2)
- [F1]Options granted under the Annapolis National Bancorp, Inc. 2000 Stock Incentive Plan and are fully vested.
- [F2]Options granted under the Annapolis National Bancorp, Inc. 2000 Stock Incentive Plan vest in five equal annual installments commencing on December 31, 2003.