CENTRAL FEDERAL CORP 4
4 · CENTRAL FEDERAL CORP · Filed Nov 19, 2013
Insider Transaction Report
Form 4
Milbourne Robert H
Director
Transactions
- Award
stock option - right to buy
2013-10-16$1.43/sh+15,000$21,450→ 25,000 totalExercise: $1.43Exp: 2013-10-16→ common stock (15,000 underlying)
Footnotes (2)
- [F1]The option grant was approved by the Board of Directors of Central Federal Corporation (the "Company") on October 16, 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; 5,000 shares on October 16, 2014, 5,000 shares on October 16, 2015, and 5,000 shares on October 16, 2016.