HOVE ANDREW C JR 4
4 · SOVEREIGN BANCORP INC · Filed Jan 10, 2006
Insider Transaction Report
Form 4
HOVE ANDREW C JR
Director
Transactions
- Gift
Common stock
2005-12-30−2,000→ 28,334 total - Award
Common stock
2006-01-06$22.48/sh+820$18,434→ 29,154 total
Holdings
- 5,155(indirect: By IRA)
Common stock
- 2,000(indirect: By Spouse)
Common stock
Footnotes (2)
- [F1]Reflects transfer without consideration, from joint ownership to sole ownership in name of spouse, for estate planning purposes
- [F2]Relects distribution of 4th quarter 2005 stock compensation pursuant to Sovereign's Non-Employee Director Compensation Plan