GUILD ALICE F 4
4 · CENTRAL PACIFIC FINANCIAL CORP · Filed Aug 31, 2004
Insider Transaction Report
Form 4
GUILD ALICE F
Director
Transactions
- Purchase
Common stock
2004-08-31$8.94/sh+9,800$87,588→ 26,124 total - Exercise of In-Money
Option
2004-08-31$8.94/sh−9,800$87,588→ 0 totalExercise: $8.94From: 2001-07-30Exp: 2005-07-30→ Common stock (9,800 underlying)
Footnotes (1)
- [F1]Options for 24,000 shares were originally granted on 7/30/1997. The grant was exercisable in eight equal annual installments beginning on 7/30/1998. This transaction represents the exercise of the remaining installments which are exercisable. Due to the director's retirement on 7/31/2004, the final installment of 3,000 options which would have been exercisable on 7/30/2005 has been forfeited.