CLOYD KEVIN 4
4 · NEW CENTURY FINANCIAL CORP · Filed Jan 6, 2005
Insider Transaction Report
Form 4
CLOYD KEVIN
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2005-01-03$6.63/sh+1,500$9,945→ 42,520 total - Exercise/Conversion
Stock Option (Right to Buy)
2005-01-03−1,500→ 5,250 totalExercise: $6.63Exp: 2011-09-19→ Common Stock (1,500 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2005-01-03−2,256→ 35,244 totalExercise: $26.97Exp: 2013-05-21→ Common Stock (2,256 underlying) - Exercise/Conversion
Common Stock
2005-01-03$26.97/sh+2,256$60,844→ 41,020 total
Holdings
- 226(indirect: By son)
Common Stock
Footnotes (5)
- [F1]Shares are held by reporting person as custodian for the benefit of his son under the California Uniform Transfers to Minor Act.
- [F2]This stock option grant vested 20% on May 21, 2004, the first anniversary of the grant date, with an additional 5% vesting on the last day of each succeeding quarter thereafter. The final 5% increment will vest on the fifth anniversary of the grant date. The portion of this stock option exercised by the reporting person on January 3, 2005 vested on May 21, 2004.
- [F3]This column is not applicable.
- [F4]This stock option grant vested 20% on September 19, 2002, the first anniversary of the grant date, with an additional 5% vesting on the last day of each succeeding quarter thereafter. The final 5% increment will vest on the fifth anniversary of the grant date. The portion of this stock option exercised by the reporting person on January 3, 2004 vested on September 30, 2004 and December 31, 2004.
- [F5]This stock option grant vested 20% on January 30, 2002, the first anniversary of the grant date, with an additional 5% vesting on the last day of each succeeding quarter thereafter. The final 5% increment will vest on the fifth anniversary of the grant date. The portion of this stock option exercised by the reporting person on January 3, 2004 vested on September 30, 2004 and December 31, 2004.