SPENCE STEVEN N 4
4 · WEST COAST BANCORP /NEW/OR/ · Filed Sep 2, 2009
Insider Transaction Report
Form 4
SPENCE STEVEN N
Director
Transactions
- Award
Phantom Stock
2009-09-01$2.47/sh+5.518$14→ 1,375.459 total→ Common Stock (5.518 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.