CHADWICK JOSEPH 4

4 · FIRST SENTINEL BANCORP INC · Filed Aug 22, 2003

Form 4

Period: 2003-06-26

Director

Transactions

Holdings

Common Stock Awards 1998
[F1]
6,620
Common Stock
(indirect: Cust for Son)
13,399
Common Stock
(indirect: Son)
4,780
Common Stock
(indirect: Son)
47,652
Common Stock
(indirect: By Spouse)
15,488
Common Stock
(indirect: By Spouse)
30,112
Common 1993 Pulse Stock Option Plan
[F3]
Exercise: $3.59From: 1994-01-01Exp: 2004-01-01→ Common Stock (22,584 underlying)
22,584
Common 1993 Pulse Stock Option Plan
[F3]
Exercise: $3.72From: 1995-01-01Exp: 2005-01-01→ Common Stock (22,584 underlying)
22,584
Common 1993 Pulse Stock Option Plan
[F3]
Exercise: $4.52From: 1996-01-01Exp: 2006-01-01→ Common Stock (1,686 underlying)
1,686
Common 1997 Pulse Stock Comp Plan
[F3]
Exercise: $6.64From: 1997-11-01Exp: 2007-11-01→ Common Stock (7,528 underlying)
7,528
Common 1997 Pulse Stock Comp Plan
[F3]
Exercise: $6.91From: 1998-11-01Exp: 2008-11-01→ Common Stock (7,528 underlying)
7,528
Common Stock Options 1998
[F4]
Exercise: $9.00Exp: 2009-04-28→ Common Stock (82,750 underlying)
82,750

Footnotes (4)

[F1]Shares granted under the Company's 1998 Stock Based Incentive Plan; awards are earned at a rate of 20% per year commencing April 28,2000.
[F2]Shares inherited by will.
[F3]The Pulse Bancorp, Inc. 1993 Stock Option and Incentive Plan and the Pulse Bancorp, Inc. 1997 Directors Stock Compensation Plan were adopted by First Sentinel Bancorp, Inc. upon the acquisition of Pulse Bancorp, Inc. by First Sentinel Bancorp, Inc. on December 18, 1998 and the number of options and exercise price were adjusted pursuant to an exchange ratio of 3.764 shares of First Sentinel Common Stock for each share of Pulse Bancorp Common Stock.
[F4]Options granted under Company's 1998 Stock Based Incentive Plan; options become exercisable at a rate of 20% per year commencing April 28, 2000.

Signature

Ann C. Clancy, Power of Attorney|2003-08-21

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