Infante Jose A 4
4 · COMMUNITY SHORES BANK CORP · Filed Aug 25, 2006
Insider Transaction Report
Form 4
Infante Jose A
DirectorChairman, President & CEO
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2006-08-24−40,000→ 0 totalExercise: $10.00Exp: 2008-09-09→ Common Stock (40,000 underlying) - Exercise/Conversion
Common Stock
2006-08-24$12.59/sh−10,000$125,900→ 1,085 total - Tax Payment
Common Stock
2006-08-24$10.00/sh+40,000$400,000→ 41,085 total
Holdings
- 998(indirect: By Spouse)
Common Stock
- 16,000(indirect: By IRA)
Common Stock
- 10,945(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]This share amount includes additional shares acquired by Mr. Infante pursuant to the issuer's 401(k) Plan since Mr. Infante's last report of common stock ownership.
- [F2]This option became exercisable for up to 10,000 shares on September 10, 1998, and for up to an additional 10,000 shares as of September 10 of each subsequent year, until September 10, 2001, when it became exercisable in full for up to 40,000 shares.