4//SEC Filing
CULP CLYDE E III 4
Accession 0001181431-10-004685
CIK 0001041429other
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 4:45 PM ET
Size
7.5 KB
Accession
0001181431-10-004685
Insider Transaction Report
Form 4
CULP CLYDE E III
Director
Transactions
- Award
Common Stock
2010-01-22+0→ 5,181 total
Holdings
- 8,888
Stock Option - (right to buy)
Exercise: $9.30Exp: 2015-06-17→ Common Stock (8,888 underlying)
Footnotes (4)
- [F1]Reporting Person subject to Section 16 electronic reporting due to decision making role at the Annapolis Bancorp, Inc. subsidiary level (BankAnnapolis).
- [F2]Restricted share units granted under the Annapolis Bancorp, Inc. 2006 Stock Incentive Plan valued at $5,000 that will vest on January 28, 2011. 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 19, 2010 (with cash in lieu of fractional shares).
- [F3]Includes 2,000 shares of Annapolis Bancorp, Inc. common stock underlying the restricted share units granted on January 23, 2009 under the Annapolis Bancorp, Inc. 2006 Stock Incentive Plan that vested 100% on January 23, 2010. Does not include the number of shares of common stock underlying the restricted share units granted on January 22, 2010, which will be based on $5,000 value divided by the per share closing price of the common stock on February 19, 2010.
- [F4]Option granted under the Annapolis National Bancorp, Inc. 2000 Stock Incentive Plan vests in five equal annual installments commencing on June 17, 2006.
Issuer
ANNAPOLIS BANCORP INC
CIK 0001041429
Entity typeother
Related Parties
1- filerCIK 0001077353
Filing Metadata
- Form type
- 4
- Filed
- Jan 25, 7:00 PM ET
- Accepted
- Jan 26, 4:45 PM ET
- Size
- 7.5 KB