TURNER ROBERT W 4
4 · AMERICAN BANK INC · Filed Apr 19, 2007
Insider Transaction Report
Form 4
TURNER ROBERT W
Senior Vice President
Transactions
- Award
Phantom stock
2007-04-17$8.27/sh+417$3,447→ 2,018 total→ Common stock (417 underlying) - Award
Phantom stock
2007-04-18$8.33/sh+370$3,082→ 2,388 total→ Common stock (370 underlying)
Holdings
- 2,000
Stock options (right to buy)
Exercise: $7.89From: 2008-01-01Exp: 2017-01-01→ Common stock (2,000 underlying) - 155
Common stock, par value $0.10
- 5,000
Stock options (right to buy)
Exercise: $8.00From: 2005-04-04Exp: 2012-04-04→ Common stock (5,000 underlying)
Footnotes (3)
- [F1]Options vest and become exercisable at the rate of 10% per year beginning one year after grant date.
- [F2]Payable at a ratio of 1-to-1.
- [F3]Exercisable for shares of common stock upon death, disability, termination of employment or normal retirement.