MERRICK KEITH H 4
4 · STANDARD COMMERCIAL CORP · Filed Nov 17, 2003
Insider Transaction Report
Form 4
MERRICK KEITH H
VP TREASURER&INV RELATIONS
Transactions
- Exercise of In-Money
NON-QUALFIED STOCK OPTION - RIGHT TO BUY
2003-11-14$5.00/sh−3,000$15,000→ 0 totalExercise: $5.00From: 2000-08-10Exp: 2005-08-10→ COMMON STOCK (3,000 underlying) - Disposition to Issuer
COMMON STOCK
2003-11-17$18.55/sh−1,000$18,550→ 10,573 total - Exercise of In-Money
NON-QUALFIED STOCK OPTION - RIGHT TO BUY
2003-11-14$8.88/sh−2,400$21,300→ 0 totalExercise: $8.88From: 1999-08-10Exp: 2004-08-10→ COMMON STOCK (2,400 underlying)
Holdings
- 2,496(indirect: By 401(k))
COMMON STOCK
- 2,000
NON-QUALIFIED STOCK OPTION - RIGHT TO BUY
Exercise: $17.40From: 2004-06-11Exp: 2013-06-11→ COMMON STOCK (2,000 underlying) - 2,000
NON-QUALFIED STOCK OPTION - RIGHT TO BUY
Exercise: $18.90From: 2003-08-13Exp: 2012-08-13→ COMMON STOCK (2,000 underlying)
Footnotes (5)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]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.