DAVIS LARRY K 4/A
4/A · SOVEREIGN BANCORP INC · Filed Feb 22, 2005
Insider Transaction Report
Form 4/AAmended
DAVIS LARRY K
Controller
Transactions
- Award
Common stock (restricted, subject to vesting)
2005-02-16+1,762→ 6,707 total - Award
Common stock (restricted, subject to vesting)
2005-02-16+1,330→ 0 total - Award
Employee stock options (right to buy)
2005-02-16+2,192→ 2,192 totalExercise: $23.44From: 2010-02-16Exp: 2015-03-16→ Common stock (2,192 underlying)
Holdings
- 2,492
Common stock
- 1,494
Common stock (Bonus recognition and retention plan)
- 776(indirect: ESOP)
Common stock
- 2,010(indirect: By 401(k))
Common stock
Footnotes (3)
- [F1]One third of the restricted shares shall vest on February 16, 2006, the second third shall vest on February 16, 2007, and the remaining third shall vest on February 16, 2008.
- [F2]The award shall vest, and the restrictions lapse, five years from the date of the award (February 16, 2010).
- [F3]Form 4 amended to reflect correct number of restricted shares and stock options awarded to the Officer.