MONROE JAMES BANCORP INC 4
4 · MONROE JAMES BANCORP INC · Filed Apr 20, 2005
Insider Transaction Report
Form 4
MAXWELL JOHN R
DirectorPresident & CEO
Holdings
- 46,783
Common Stock
- 163,725
Grant Under 2003 Executive Compensation Plan
Exercise: $18.61From: 2005-04-13Exp: 2014-02-10→ Common Stock (60,000 underlying) - 103,725
Grant Under 1998 Management Incentive Plan
Exercise: $3.56From: 2001-06-08Exp: 2001-06-07→ Common Stock (103,725 underlying)
Footnotes (1)
- [F1]As described in the 8-K filing on April 19, 2005, all unvested options for all employees which were "out of the money" were accelerated to vest as of April 13, 2005, in response to the adoption and effective date of SFAS 123R. Therefore, Mr. Maxwell's unvested options were fully vested as of April 13.