SOUND FEDERAL BANCORP INC 4
4 · SOUND FEDERAL BANCORP INC · Filed Dec 8, 2004
Insider Transaction Report
Form 4
MCSTRAVICK RICHARD P
DirectorPres. & CEO
Transactions
- Sale
Common stock, par value $0.01
2004-12-07$15.29/sh−3,500$53,506→ 193,291 total - Exercise of In-Money
Common stock, par value $0.01
2004-12-07$3.30/sh+3,500$11,543→ 196,791 total - Exercise of In-Money
Incentive stock options
2004-12-07$15.29/sh−3,500$53,506→ 99,268 totalExercise: $3.30From: 1999-10-20Exp: 2009-10-20→ Common stock, par value $0.01 (3,500 underlying)
Holdings
- 8,369(indirect: By Spouse)
Common stock, par value $0.01
- 13,833(indirect: Son)
Common stock, par value $0.01
- 115,725
Incentive stock options
Exercise: $15.20Exp: 2014-02-05→ Common stock, par value $0.01 (115,725 underlying)
Footnotes (3)
- [F1]These transactions represent the cashless exercise of incentive stock options and the sale of the underlying shares.
- [F2]These shares are fully vested and exercisable.
- [F3]These stock options vest and become exercisable in five equal installments. The first vesting period was February 5, 2004 with subsequent vestings occuring on each anniversary thereafter.