HUTCHERSON R DOUGLAS 4
4 · FIRST SECURITY BANCORP INC /KY/ · Filed May 1, 2006
Insider Transaction Report
Form 4
HUTCHERSON R DOUGLAS
President & CEO
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2006-04-28$8.00/sh−20,000$160,000→ 0 totalExercise: $16.00From: 2004-09-15Exp: 2013-12-01→ Common Stock (20,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2006-04-27$14.00/sh−20,000$280,000→ 0 totalExercise: $14.00From: 2004-09-15Exp: 2013-12-01→ Common Stock (20,000 underlying) - Award
Stock Option (right to buy)
2006-04-27$16.00/sh+20,000$320,000→ 20,000 totalExercise: $16.00From: 2004-09-15Exp: 2013-12-01→ Common Stock (20,000 underlying) - Disposition from Tender
Common Stock
2006-04-28$24.00/sh−1,000$24,000→ 0 total
Footnotes (3)
- [F1]Cancelled in exchange for issuance of new options at $16 per option and the right to receive payment of $40,000 in January 2007.
- [F2]Acquired in exchange for cancellation of previous options at $14 per option and right to payment of $40,000 in January 2007.
- [F3]The option was canceled pursuant to an agreement between the reporting person and First Security Bancorp, Inc. The reporting person received $160,000 as consideration for the cancellation.