CENTRAL FEDERAL CORP 4
4 · CENTRAL FEDERAL CORP · Filed Aug 19, 2013
Insider Transaction Report
Form 4
Milbourne Robert H
Director
Transactions
- Award
stock option - right to buy
2013-07-17$1.48/sh+10,000$14,800→ 10,000 totalExercise: $1.48Exp: 2023-07-17→ common stock (10,000 underlying)
Footnotes (2)
- [F1]The option grant was approved by the Board of Directors of Central Federal Corporation (the "Company") on July 17, 2013, subject to non-objection of the option grant by the Company's banking regulators. The Company's banking regulators did not object to the option grant prior to the expiration of the 30-day non-objection period.
- [F2]The options are exercisable as follows; 333 on July 17, 2014, 333 on July 17, 2015 and 334 on July 17, 2016.