MORALES NORMAN 4
4 · VINEYARD NATIONAL BANCORP · Filed Jun 18, 2007
Insider Transaction Report
Form 4
MORALES NORMAN
DirectorPresident and CEO
Transactions
- Sale
Common Stock
2007-06-15$24.82/sh−5,000$124,100→ 367,027 total
Holdings
- 50,000
Option to buy common stock
Exercise: $22.11From: 2009-10-30Exp: 2010-10-30→ common stock (50,000 underlying)
Footnotes (3)
- [F1]Shares sold pursuant to a Rule 10b5-1 trading plan adopted by Morales on March 12, 2007.
- [F2]Total includes 627 allocated ESOP shares; 50,000 options which vest on Oct. 30, 2009 and 50,000 options which vest on March 19, 2010, as detailed in table II.
- [F3]Options granted pursuant to amended and restated employment agreement as disclosed via 8K on April 11, 2007.