CLOYD KEVIN 4

4 · NEW CENTURY FINANCIAL CORP · Filed Jun 30, 2005

Form 4

Period: 2005-06-30

Executive Vice President

Transactions

Exercise/Conversion
Stock Option (Right to Buy)
2005-06-30−3,750→ 31,494 total
Exercise: $26.97Exp: 2013-05-21→ Common Stock (3,750 underlying)
Exercise/Conversion
Common Stock
2005-06-30$6.42/sh+750$4,815→ 38,056 total
Exercise/Conversion
Stock Option (Right to Buy)
2005-06-30−750→ 2,250 total
Exercise: $6.42Exp: 2011-01-30→ Common Stock (750 underlying)
Sale
Common Stock
2005-06-30$51.25/sh−3,750$192,188→ 38,806 total
Exercise/Conversion
Common Stock
2005-06-30$26.97/sh+3,750$101,138→ 42,556 total

Holdings

Footnotes (6)

[F1]This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
[F2]Shares are held by reporting person as custodian for the benefit of his son under the California Uniform Transfers to Minor Act.
[F3]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 June 30, 2005 vested on June 30, 2005.
[F4]This column is not applicable.
[F5]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 June 30, 2005 vested on June 30, 2005.
[F6]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 June 30, 2005 vested as follows: 1,494 shares on May 21, 2004, 1,875 shares on March 31, 2005 and 381 shares on June 30, 2005.

Documents

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