SAXON CAPITAL INC 4
4 · SAXON CAPITAL INC · Filed Jul 29, 2003
Insider Transaction Report
Form 4
MORRIS BRUCE
Vice President
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2003-07-28−5,000→ 55,000 totalExercise: $10.00From: 2002-07-11Exp: 2011-07-11→ Common Stock (5,000 underlying) - Sale
Common Stock
2003-07-28$17.05/sh−5,000$85,250→ 100 total - Exercise/Conversion
Common Stock
2003-07-28$10.00/sh+5,000$50,000→ 5,100 total
Footnotes (2)
- [F1]The option became exercisable as to 15,000 shares on July 11, 2002 and an additional 15,000 shares on July 11, 2003; the option becomes exercisable as to the remaining 30,000 shares in equal installments on July 11, 2004 and July 11, 2005
- [F2]Broker assisted cashless exercise of option to purchase 5,000 shares on 7/28/03