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4//SEC Filing

HANOVER CAPITAL MORTGAGE HOLDINGS INC 4

Accession 0001233945-05-000002

CIK 0001040719operating

Filed

May 18, 8:00 PM ET

Accepted

May 19, 3:02 PM ET

Size

10.3 KB

Accession

0001233945-05-000002

Insider Transaction Report

Form 4
Period: 2005-05-02
Transactions
  • Small Acquisition

    Common Stock

    2005-05-02+10,00010,000 total
Holdings
  • Options

    Exercise: $4.63Common Stock (4,000 underlying)
    4,000
  • Options

    Exercise: $3.88Common Stock (3,334 underlying)
    3,334
  • Common Stock

    3,333
  • Options

    Exercise: $15.75Common Stock (12,500 underlying)
    12,500
Footnotes (5)
  • [F1]Grant of Restricted Shares pursuant to Hanover Capital Mortgage Holdings, Inc. 1997 Executive and Non-Employee Director Stock Option Plan. 20% of granted shares will vest on each anniversary of the grant date, such that 100% of the granted shares will be vested on the fifth anniversary of the grant date.
  • [F2]See footnote 1.
  • [F3]Subject to certain requirements, options may vest on a ratable monthly basis over a 48 month period commencing with the month that includes the closing of the initial public offering. Options expire one day less than 10 years from the date of the initial public offering.
  • [F4]Grant of options exercisable as follows: 1/3 at 8/29/00, 1/3 at 8/29/02, 1/3 at 8/29/02 and shall expire one day less than 10 years from the grant date.
  • [F5]Grant of options exercisable as follows: 1/3 on or after 5/18/01, 1/3 on or after 5/18/02, 1/3 on or after 5/18/03, expire on 5/17/10.

Issuer

HANOVER CAPITAL MORTGAGE HOLDINGS INC

CIK 0001040719

Entity typeoperating
IncorporatedMD

Related Parties

1
  • filerCIK 0001040719

Filing Metadata

Form type
4
Filed
May 18, 8:00 PM ET
Accepted
May 19, 3:02 PM ET
Size
10.3 KB