BURROUGHS JONATHAN E 4
4 · CITIZENS BANKING CORP · Filed May 17, 2005
Insider Transaction Report
Form 4
BURROUGHS JONATHAN E
Director
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2005-05-13−500→ 2,000 totalExercise: $26.01From: 2003-05-29Exp: 2013-05-29→ Common Stock (500 underlying) - Exercise/Conversion
Common Stock
2005-05-13$26.01/sh+500$13,005→ 230,187 total(indirect: By Trust)
Holdings
- 2,250
Stock Option (Right to Buy)
Exercise: $29.06From: 2005-05-12Exp: 2014-05-12→ Common Stock (2,250 underlying) - 8,908(indirect: By Spouse)
Common Stock
- 2,445
Common Stock
- 1,500
Stock Option (Right to Buy)
Exercise: $33.41From: 2002-05-17Exp: 2007-05-17→ Common Stock (1,500 underlying)
Footnotes (1)
- [F1]Option becomes exercisable in equal installments of 20% per year over 5 years, beginning on 5/29/2004. On a change of control, the option immediately becomes exercisable.