TURNER ROBERT W 4
4 · AMERICAN BANK INC · Filed Jan 18, 2006
Insider Transaction Report
Form 4
TURNER ROBERT W
Senior Vice President
Transactions
- Award
Stock options (right to buy)
2006-01-17+5,000→ 5,000 totalExercise: $8.50From: 2007-01-17Exp: 2016-01-17→ Common stock (5,000 underlying)
Holdings
- 5,000
Stock options (right to buy)
Exercise: $8.00From: 2005-04-04Exp: 2012-04-04→ Common stock (5,000 underlying) - 705
Phantom stock
→ Common stock (705 underlying)
Footnotes (3)
- [F1]Payable at a ratio of 1-to-1.
- [F2]Payable in shares of common stock upon death, disability, termination of employment or normal retirement.
- [F3]Options vest and become exercisable at the rate of 10% per year beginning one year after grant date.