DEVINE MICHAEL J 4
4 · CAPITOL BANCORP LTD · Filed Jan 4, 2006
Insider Transaction Report
Form 4
DEVINE MICHAEL J
Director
Transactions
- Award
Common Stock
2005-12-31+432→ 11,685 total - Award
Option (right to buy)
2005-12-30+1,311→ 1,311 totalExercise: $37.48From: 2005-12-30Exp: 2013-12-30→ Common Stock (1,311 underlying)
Holdings
- 924(indirect: By IRA)
Common Stock
- 700
Option (right to buy)
Exercise: $25.92Exp: 2007-07-01→ Common Stock (700 underlying) - 915
Option (right to buy)
Exercise: $34.84From: 2005-06-01Exp: 2012-01-01→ Common Stock (915 underlying) - 852
Option (right to buy)
Exercise: $22.86From: 2003-12-31Exp: 2010-01-01→ Common Stock (852 underlying) - 733
Option (right to buy)
Exercise: $28.75From: 2004-12-31Exp: 2011-01-01→ Common Stock (733 underlying) - 1,081
Option (right to buy)
Exercise: $20.90From: 2003-04-09Exp: 2010-08-01→ Common Stock (1,081 underlying)
Footnotes (2)
- [F1]Received in exchange for shares of First California Southern Bancorp in connection with the business combination between Capitol Bancorp Limited and First California Southern Bancorp. The tansaction is exempt pursuant to Rule 16b-3(d) of the Securities Exchange Act, as amended.
- [F2]The options are exercisable upon vesting, which is contingent upon attendance and participation in board of directors and committee meetings.