4//SEC Filing
HAGAN RICHARD 4
Accession 0001209191-05-006425
CIK 0000840256other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 8:58 PM ET
Size
47.7 KB
Accession
0001209191-05-006425
Insider Transaction Report
Form 4
HAGAN RICHARD
EVP/Secretary/CCO
Transactions
- Exercise/Conversion
common stock
2005-02-01$6.80/sh+4,410$30,000→ 47,162 total - Exercise/Conversion
Exercise of Warrant to purchase common stock
2005-02-01$6.80/sh+4,410$30,000→ 0 totalExercise: $6.80Exp: 2005-12-18→ Common Stock (4,410 underlying)
Holdings
- 7,350
Stock Option to buy common
Exercise: $4.08Exp: 2007-11-12→ common stock (11,025 underlying) - 1,750
Stock Option to buy common
Exercise: $7.62Exp: 2007-11-12→ common stock (5,250 underlying) - 10,500
Stock Option to buy common
Exercise: $13.33Exp: 2007-11-12→ common stock (21,000 underlying) - 0
Restricted Stock Grant
From: 2006-07-01→ common stock (5,513 underlying) - 22,050
Stock Option to buy common
Exercise: $1.81Exp: 2007-11-12→ common stock (22,050 underlying)
Footnotes (8)
- [F1]Warrants issued pursuant to the terms of a Series A Purchase Agreement between the Company and the Investors. Warrants became exercisable on December 18, 2002.
- [F2]Shares shall become unrestricted and fully vested upon completion of the four year cliff vesting schedule. Prior to being fully vested, the "fair market value" can be determined by taking, the average of the highest and lowest market prices of the Common Stock, on any given date(s), as reported on the Nasdaq National Market for such date(s). (section 2.9 of the Plan Document)
- [F3]Restricted Stock Grant has a four year cliff vesting from grant date.
- [F4]Restricted Stock Grant has a four year cliff vesting from grant date. Grants of restricted shares are subject to the terms and conditions set forth in the Restricted Share Plan and Agreement. The Plan itself will terminate on such date as ten years from the date the first Award is granted, except with respect to awards then outstanding. (section 4.1 and 6.1 of the Plan Document)
- [F5]Options vested in three equal annual installments beginning on December 23, 2001. At each annual installment, said amount became available and exercisable.
- [F6]Options vest in three equal annual installments begining on 6/26/2003.
- [F7]Options vest in three equal annual installments beginning on 2/26/2004.
- [F8]Options vest in two equal annual installments begining on 8/24/2004.
Issuer
VINEYARD NATIONAL BANCORP
CIK 0000840256
Entity typeother
Related Parties
1- filerCIK 0001216899
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 8:58 PM ET
- Size
- 47.7 KB