SMITH FRED J JR 4
4 · NORTH STATE BANCORP · Filed Dec 16, 2010
Insider Transaction Report
Form 4
SMITH FRED J JR
Director10% Owner
Transactions
- Purchase
Common Stock
2010-12-16$3.25/sh+20,000$65,000→ 976,460 total
Holdings
- 20,666(indirect: By Spouse)
Common Stock
- 237,073(indirect: Held by company)
Common Stock
- 0
Stock Option (Right to Buy)
Exercise: $2.66From: 2001-06-01Exp: 2011-06-01→ Common Stock (37,443 underlying) - 0
Stock Option (Right to Buy)
Exercise: $2.66From: 2001-06-01Exp: 2012-06-01→ Common Stock (20,077 underlying) - 0(indirect: By Children)
Common Stock
Footnotes (7)
- [F1]These stock options will vest one-fifth over a period of five years beginning on June 1, 2000, the date of grant, provided the Reporting Person attends at least 80% of combined board and assigned committee meetings each year. If attendance is not met, the options will vest based on the percentage of board and committee meetings attended.
- [F2]Adjusted for 3 for 2 stock split 7/12/07
- [F3]adjust for 2,251 shares held by company previously reported as held direct
- [F4]adjust for 7 shares
- [F5]adjust for 1 share
- [F6]Children are adults, no longer live at home. Mr. Smith is no longer custodian.
- [F7]correction - originally filed at 4436 s/b 4136