SILVERMAN ARNOLD 4
4 · COMMUNITY BANCORP OF NEW JERSEY · Filed Jul 12, 2004
Insider Transaction Report
Form 4
SILVERMAN ARNOLD
Director
Transactions
- Disposition to Issuer
common stock
2004-07-08+79,994→ 0 total - Disposition to Issuer
stock option (right to buy)
2004-07-08−9,389.79→ 0 totalExercise: $6.12Exp: 2007-07-10→ common stock (9,389.79 underlying) - Disposition to Issuer
stock option (right to buy)
2004-07-08−20,055.85→ 0 totalExercise: $7.56Exp: 2010-01-20→ common stock (20,055.85 underlying) - Disposition to Issuer
stock option (right to buy)
2004-07-08−3,886.31→ 0 totalExercise: $9.56Exp: 2012-01-17→ common stock (3,886.31 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to merger bewteen the issuer and Sun Bancorp, Inc ("Sun") in exchange for 69,715 shares of Sun common stock.
- [F2]This option was assumed by Sun in the merger and replaced with an option to buy 8,183.2 shares of Sun stock at $7.027 per share.
- [F3]THIS OPTION WAS ASSUMED BY sUN IN THE MERGER AND REPLACED WITH AN OPTION TO PURCHASE 17,478.67 SUN SHARES AT $8.672 PER SHARE.
- [F4]This oiption was assumed by Sun in the merger and replaced with an option to buy 3,386.92 Sun shares at $10.97 per share.