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DEARBORN BANCORP INC /MI/·5

Feb 1, 4:27 PM ET

DEARBORN BANCORP INC /MI/ 5

5 · DEARBORN BANCORP INC /MI/ · Filed Feb 1, 2007

Insider Transaction Report

Form 5
Period: 2006-12-31
DEARBORN BANCORP INC /MI/DEAR
KARAFA JEFFREY L
VP,Treasurer, Secretary
Transactions
  • Purchase

    Common

    [F1]
    2006-12-31$21.25/sh+1,772$37,655→ 10,322 total(indirect: By Trust)
  • Award

    ISO

    [F2]
    2006-08-29$23.95/sh+2,876$68,880→ 5,986 total
    Exercise: $23.95Exp: 2016-08-29→ Common (2,876 underlying)
  • Award

    Restricted stock

    [F3]
    2006-08-29$23.95/sh+939$22,489→ 2,066 total
    Exercise: $23.95Exp: 2016-08-29→ Common (939 underlying)
Holdings

  • Common

    3,125
Footnotes (3)
  • [F1]Shares acquired throughout 2006 in the Community Bank of Dearborn 401(k) Plan Trust FBO Jeffrey L Karafa at an average price of $21.25
  • [F2]Options vest upon the achievement of specified performance goals.
  • [F3]Shares deliverable upon the achievement of specified performance goals.
Signature
Jeffrey L Karafa|2007-02-01

Documents

1 file
  • 5
    primary_doc.xmlPrimary

    PRIMARY DOCUMENT