HEPFER MICHELLE L 4
4 · INDIAN RIVER BANKING COMPANY · Filed Jan 22, 2004
Insider Transaction Report
Form 4
HEPFER MICHELLE L
Vice President/Controller
Transactions
- Exercise/Conversion
Common Stock
2004-01-20$13.03/sh+967$12,600→ 2,221 total - Exercise/Conversion
Options to Purchase Common Stock
2004-01-20−967→ 0 totalExercise: $13.03From: 1999-04-14Exp: 2004-04-14→ Common Stock (967 underlying) - Exercise/Conversion
Options to Purchase Common Stock
2004-01-20−293→ 879 totalExercise: $16.72From: 1999-12-31Exp: 2009-12-31→ Common Stock (293 underlying) - Exercise/Conversion
Common Stock
2004-01-20$16.72/sh+293$4,899→ 2,514 total
Footnotes (5)
- [F1]Includes 1,206 shares owned jointly with spouse. Mrs. Hepfer indirectly owns 26 shares of stock as custodian of her minor children. Such shares are not included in the total shares.
- [F2]Options vested 20% per year through 12-31-2002.
- [F3]None of this grant, however Mrs. Hepfer also owns additional options to purchase 3,686 shares, of which 3,387 are vested.
- [F4]Options vested 33% 12-31-1999; 33% 12/31/2000 and 34% 12/31/2001.
- [F5]Additionally Mrs. Hepfer owns options to purchase 3,393 shares, of which 3,094 shares are vested.