MERSACK IRA P 4

4 · FIRST SECURITY BANCORP INC /KY/ · Filed May 1, 2006

Form 4

Period: 2006-04-28

Director

Transactions

Disposition to Issuer
Stock Option (right to buy)
2006-04-28$3.75/sh−1,500$5,625→ 0 total
Exercise: $20.25From: 2002-08-23Exp: 2007-08-23→ Common Stock (1,500 underlying)
Disposition to Issuer
Stock Option (right to buy)
2006-04-28$7.60/sh−2,000$15,200→ 0 total
Exercise: $16.40From: 2005-03-15Exp: 2010-03-15→ Common Stock (2,000 underlying)
Gift
Common Stock
2006-04-27$24.00/sh−3,000$72,000→ 20,854 total
Disposition from Tender
Common Stock
2006-04-28$24.00/sh−20,854$500,496→ 0 total
Disposition to Issuer
Stock Option (right to buy)
2006-04-28$4.45/sh−1,000$4,450→ 0 total
Exercise: $19.55From: 2003-02-18Exp: 2008-02-18→ Common Stock (1,000 underlying)

Footnotes (5)

[F1]Includes 15,000 shares held for the benefit of Dr. Ira Mersack by National City Bank as Custodian for both the Dermatology Associates of Kentucky, PSC Profit Sharing Plan and Pension Plan.
[F2]The option was canceled pursuant to an agreement between the reporting person and First Security Bancorp, Inc. The reporting person received $5,625 as consideration for the cancellation.
[F3]The option was canceled pursuant to an agreement between the reporting person and First Security Bancorp, Inc. The reporting person received $4,450 as consideration for the cancellation.
[F4]The option was canceled pursuant to an agreement between the reporting person and First Security Bancorp, Inc. The reporting person received $6,850 as consideration for the cancellation.
[F5]The option was canceled pursuant to an agreement between the reporting person and First Security Bancorp, Inc. The reporting person received $15,200 as consideration for the cancellation.

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