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4//SEC Filing

Byrne David B Jr 4

Accession 0001181431-09-040567

CIK 0000092339other
View on SEC.govCompany Profile

Filed

Aug 19, 8:00 PM ET

Accepted

Aug 20, 5:36 PM ET

Size

18.3 KB

Accession

0001181431-09-040567

Insider Transaction Report

Form 4
Period: 2009-08-18
COLONIAL BANCGROUP INCCNB
Byrne David B Jr
Chief Legal Officer
Transactions
  • Disposition to Issuer

    Common Stock

    2009-08-18−2,590→ 18,961 total
  • Disposition to Issuer

    Common Stock

    2009-08-18−7,676→ 29,227 total
  • Disposition to Issuer

    Common Stock

    2009-08-18−7,676→ 21,551 total
  • Disposition to Issuer

    Common Stock

    2009-08-18−2,590→ 16,371 total
  • Disposition to Issuer

    Common Stock

    2009-08-18−2,625→ 13,746 total
Holdings

  • Non-Qualified Stock Option (right to buy)

    Exercise: $25.81From: 2008-01-16Exp: 2017-01-16→ Common Stock (12,120 underlying)
    4,848

  • Common Stock

    (indirect: By Spouse)
    1,000

  • Incentive Stock Option (right to buy)

    Exercise: $23.89From: 2007-01-18Exp: 2016-01-18→ Common Stock (20,000 underlying)
    12,000

  • Non-Qualified Stock Option (right to buy)

    Exercise: $25.40From: 2007-04-18Exp: 2016-04-18→ Common Stock (10,846 underlying)
    6,508

  • Non-Qualified Stock Option (right to buy)

    Exercise: $11.29From: 2009-01-15Exp: 2018-01-15→ Common Stock (38,690 underlying)
    7,738

  • Incentive Stock Option (right to buy)

    Exercise: $25.40From: 2007-04-18Exp: 2016-04-18→ Common Stock (870 underlying)
    522
Footnotes (3)
  • [F1]2,170 options vest on the first anniversary of the grant date. The remaining 8,676 options will vest in four equal installments beginning two years from the date of grant.
  • [F2]On August 14, 2009 the FDIC took Colonial Bank into receivership. The FDIC sold Colonial Bank and certain of its assets to BB&T. As a result, Mr. Byrne ceased being an employee of an affiliate of Colonial BancGroup at the close of business on August 14th and began employment with BB&T immediately thereafter. On August 18th, 2009, Mr. Byrne resigned from Colonial BancGroup, Inc. thereby causing the referenced restricted stock awards to cancel pursuant to the terms of the Colonial BancGroup, Inc. Stock Incentive Plan.
  • [F3]Options vest in 5 equal installments, 20% annually beginning one year from the date of grant.

Documents

1 file

Issuer

COLONIAL BANCGROUP INC

CIK 0000092339

→
Entity typeother

Related Parties

1
  • filerCIK 0001348574

Filing Metadata

Form type
4
Filed
Aug 19, 8:00 PM ET
Accepted
Aug 20, 5:36 PM ET
Size
18.3 KB
View on SEC.gov