RHODES MICHAEL GEORGE 4

4 · MBNA CORP · Filed Nov 12, 2003

Form 4

Period: 2003-11-10

Group Exec. of MBNA America

Transactions

Exercise/Conversion
Common Stock
2003-11-10$5.43/sh+37,968$206,242→ 461,902 total
Tax Payment
Common Stock
2003-11-10$24.74/sh−20,501$507,178→ 392,529 total
Sale
Common Stock
2003-11-10$24.74/sh−56,465$1,396,899→ 413,030 total
Exercise/Conversion
Common Stock
2003-11-10$4.89/sh+31,405$153,536→ 423,934 total
Exercise/Conversion
Common Stock
2003-11-10$5.43/sh+7,593$41,245→ 469,495 total
Exercise/Conversion
Employee Stock Option (right to buy)
2003-11-10−7,593→ 0 total
Exercise: $5.43From: 1997-12-01Exp: 2006-07-29→ Common Stock (7,593 underlying)
Exercise/Conversion
Employee Stock Option (Right to Buy)
2003-11-10−31,405→ 0 total
Exercise: $4.89From: 1998-01-30Exp: 2005-11-06→ Common Stock (31,405 underlying)
Exercise/Conversion
Employee Stock Option (Right to Buy)
2003-11-10−37,968→ 0 total
Exercise: $5.43From: 1999-02-01Exp: 2006-07-30→ Common Stock (37,968 underlying)

Holdings

Footnotes (2)

[F1]20% exercisable when Company achieved $700 MM net income and price per common share of $8.49 (February 1, 1999), additional 30% when Company achieved $850 MM net income and price per common share $10.27 (January 31, 2000), balance when the Company achieved $1 Billion net income and price per common share $11.85 (January 31, 2000).
[F2]Exercisable in five equal annual installments beginning December 1, 1997.

Documents

1 file