LERNER LAWRENCE E 4
4 · ANNAPOLIS BANCORP INC · Filed Mar 2, 2010
Insider Transaction Report
Form 4
LERNER LAWRENCE E
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2010-03-01$2.42/sh+8,888$21,536→ 1,614,954 total - Exercise/Conversion
Stock option - (right to buy)
2010-03-01−8,888→ 0 totalExercise: $2.42Exp: 2010-04-28→ Common Stock (8,888 underlying)
Footnotes (2)
- [F1]Includes 1,282 shares of Annapolis Bancorp, Inc. common stock underlying the restricted share units granted on January 22, 2010 under the Annapolis Bancorp, Inc. 2006 Stock Incentive Plan that will vest on January 28, 2011.
- [F2]Option granted under the Annapolis National Bancorp, Inc. 2000 Stock Incentive Plan and are fully vested.