KEHAYA ERY W II 4

4 · STANDARD COMMERCIAL CORP · Filed Aug 11, 2003

Form 4

Period: 2003-08-08

VICE PRESIDENT - CIO

Transactions

Holdings

COMMON STOCK
(indirect: By 401(k))
11,233
NON-QUALFIED STOCK OPTION - RIGHT TO BUY
Exercise: $8.88From: 1999-08-10Exp: 2004-08-10→ COMMON STOCK (1,200 underlying)
1,200
7-1/4% CONVERTIBLE SUBORDINATED DEBENTURE
Exercise: $29.38From: 1999-03-24Exp: 2007-03-31→ COMMON STOCK (1,361 underlying)
40,000
COMMON STOCK
(indirect: By Spouse)
5,662
NON-QUALIFIED STOCK OPTION - RIGHT TO BUY
Exercise: $17.40From: 2004-06-11Exp: 2013-06-11→ COMMON STOCK (3,000 underlying)
3,000
NON-QUALFIED STOCK OPTION - RIGHT TO BUY
Exercise: $5.00From: 2000-08-10Exp: 2006-08-10→ COMMON STOCK (1,500 underlying)
1,500
NON-QUALFIED STOCK OPTION - RIGHT TO BUY
Exercise: $18.90From: 2003-08-13Exp: 2012-08-13→ COMMON STOCK (3,000 underlying)
3,000

Footnotes (7)

[F1]Includes 2,322 shares owned by spouse individually and 3,340 shares are held by spouse as custodian for the children.
[F2]The shares underlying this option become exercisable one-fourth on each of the four anniversaries of August 13, 2002, the date of grant, subject to continued employment.
[F3]The shares underlying this option become exercisable one-fourth on each of the four anniversaries of August 14, 2001, the date of grant, subject to continued employment.
[F4]The shares underlying this option become exercisable one-fourth on each of the four anniversaries of August 10, 1999, the date of grant, subject to continued employment.
[F5]The shares underlying this option become exercisable one-fourth on each of the four anniversaries of August 10, 1998, the date of grant, subject to continued employment.
[F6]The shares underlying this option become exercisable one-fourth on each of the four anniversaries of June 11, 2003, the date of grant, subject to continued employment.
[F7]The shares underlying this convertible are based on a $29.38 conversion price.

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