Bradshaw Wayne-Kent A. 5
5 · BROADWAY FINANCIAL CORP \DE\ · Filed Feb 14, 2012
Insider Transaction Report
Form 5
Bradshaw Wayne-Kent A.
DirectorChief Operating Officer Pres
Transactions
- Award
Stock Option (Right to Buy)
2009-03-18$4.98/sh+75,000$373,500→ 75,000 totalExercise: $4.98From: 2014-03-18Exp: 2019-03-18→ Common Stock (75,000 underlying)
Holdings
- 18
Employee Stock Ownership Plan
→ Common Stock (18 underlying)
Footnotes (2)
- [F1]On March 18, 2009 the Board of Directors granted 75,000 shares of Stock Options under the Long Term Incentive Plan. The stock price on that day was $4.98 per share. The shares vest in five (5) equal annual installments each year beginning the following year, on March 18. The options are fully exercisable on March 18, 2014. If not exercised, the stock options will expire on March 18, 2019 or upon termination of employment.
- [F2]These shares are held in the Employee Stock Ownership Plan (ESOP). When employee is no longer with the company, the shares become exercisable.