DUNCAN RICK A 5

5 · GEORGIA BANCSHARES INC// · Filed Jan 7, 2004

Form 5

Period: 2003-12-31

Director

Transactions

Award
Common Stock
2003-08-20+12,969→ 64,844 total
Award
Common Stock Warrant (Right to buy)
2003-08-20$5.12/sh+11,719$60,001→ 58,594 total
Exercise: $5.12From: 2002-09-09Exp: 2010-02-18→ Common Stock (58,594 underlying)

Holdings

2003 Stock Option (Right to buy)
Exercise: $12.69From: 2004-02-20Exp: 2013-02-20→ Common Stock (1,875 underlying)
1,875
2002 Stock Option (Right to buy)
Exercise: $8.00From: 2003-02-21Exp: 2012-02-21→ Common Stock (14,594 underlying)
14,594
2001 Stock Option (Right to Buy)
Exercise: $5.40From: 2002-08-02Exp: 2011-08-02→ Common Stock (19,531 underlying)
19,531

Footnotes (6)

[F1]On August 20, 2003 the Company declared a 5 for 4 stock split in which Director Duncan received additional shares. The total number of shares held by Director Duncan reflects the occurrence of the stock split.
[F2]This warrant was previously reported as covering 46,875 shares at an exercise price of $6.40 per share, but was adjusted to reflect the 5 for 4 stock split on August 20, 2003 which increased the number of warrants by 11,719 shares to 58,594 shares at an exercise price of $5.12.
[F3]As of September 9, 2002 the warrants were fully vested and exercisable.
[F4]This option was previously reported as covering 15,625 shares at an exercise price of $6.75 per share, but was adjusted to reflect the 5 for 4 stock split declared by the Company on August 20, 2003.
[F5]This option was previously reported as covering 11,675 shares at an exercise price of $10.00 per share, but was adjusted to reflect the 5 for 4 stock split declared by the Company on August 20, 2003.
[F6]This option was granted February 20, 2003 and vests equally over four years beginning on February 20, 2004. The price and number of shares have been adjusted to reflect the 5 for 4 stock split which occurred on August 20, 2003.

Documents

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