Williams Elrick 4
4 · BROADWAY FINANCIAL CORP \DE\ · Filed Mar 19, 2009
Insider Transaction Report
Form 4
Williams Elrick
DirectorOther
Transactions
- Award
Employee Stock Option (right to buy)
2008-12-17+7,500→ 187,317 totalExercise: $5.08From: 2009-12-17→ Common stock (7,500 underlying)
Holdings
- 186,217(indirect: By Williams Group Holding L.L.C.)
Common stock
→ Common stock (187,317 underlying)
Footnotes (4)
- [F1]The reporting person is an Officer of Williams Group L.L.C. The reporting person disclaims beneficial ownership of the securites held by Williams Group Holding L.L.C., except to the extent of his pecuinary interest therein.
- [F2]The common stock may be exercised at any time, at the holder's election, and has no expiration date. The purchases reported in this Form 4 were effected pusuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28,2008.
- [F3]This stock option grant follows the 2008 Long Term Incentive Plan Agreement.
- [F4]This is an ongoing stock option grant to each director beginning December 17, 2009 and terminates upon board approval.