LONGEST GEORGE M JR 4
4 · Community Bankers Trust Corp · Filed May 24, 2010
Insider Transaction Report
Form 4
LONGEST GEORGE M JR
DirectorPresident and CEO
Transactions
- Award
Common Stock
2010-05-20+15,000→ 42,498 total
Footnotes (1)
- [F1]This amount represents the grant of a "long-term restricted stock" award consistent with the provisions of the Interim Final Rule on TARP Standards for Compensation and Corporate Governance (the "TARP Interim Final Rule") that the U.S. Department of the Treasury ("Treasury") issued in June 2009. The shares of restricted stock will vest according to the following schedule: 25% on May 20, 2011, 25% on May 20, 2012, 25% on May 20, 2013 and 25% on May 20, 2014. The resulting shares of Common Stock received upon vesting will be subject to the restrictions on transfer included in the TARP Interim Final Rule's definition of "long-term restricted stock" until the Issuer repays all or a portion of the Treasury's Capital Purchase Program investment made under the Troubled Asset Relief Program.