SPENCE STEVEN N 4
4 · WEST COAST BANCORP /NEW/OR/ · Filed Mar 3, 2009
Insider Transaction Report
Form 4
SPENCE STEVEN N
Director
Transactions
- Award
Phantom Stock
2009-03-02$1.29/sh+10.65$14→ 1,365.65 total→ Common Stock (10.65 underlying)
Footnotes (3)
- [F1]Converts to common stock on a 1 for 1 basis.
- [F2]Phantom stock units were acquired under West Coast Bancorp's Director's Deferred Compensation Plan.
- [F3]Phantom stock units may be settled for either cash or West Coast Bancorp common stock at termination of director status or upon date or dates designated by reporting person.