McClanahan Michael L 4
4 · FLORIDIAN FINANCIAL GROUP INC · Filed Dec 17, 2009
Insider Transaction Report
Form 4
McClanahan Michael L
DirectorVice Chairman
Transactions
- Award
Employee Stock Options
2009-11-20−52,500→ 52,500 totalExercise: $12.50Exp: 2019-11-20→ Common Stock (52,500 underlying) - Disposition to Issuer
Employee Stock Options
2009-11-20−79,352→ 0 totalExercise: $9.58Exp: 2015-06-20→ Common Stock (79,352 underlying) - Disposition to Issuer
Employee Stock Options
2009-11-20−26,103→ 0 totalExercise: $10.77Exp: 2017-10-17→ Common Stock (26,103 underlying)
Footnotes (1)
- [F1]Three reported transactions were conducted pursuant to a Separation Agreement, dated November 20, 2009. The effect of the Separation Agreement was the amendment of the outstanding stock options, resulting in the deemed cancellation of the "old" options and the grant of a replacement option. The "new" option is immediately exercisable.