Home/Filings/4/0001287286-06-000083
4//SEC Filing

NEW CENTURY FINANCIAL CORP 4

Accession 0001287286-06-000083

CIK 0001287286operating

Filed

Jul 2, 8:00 PM ET

Accepted

Jul 3, 7:17 PM ET

Size

14.2 KB

Accession

0001287286-06-000083

Insider Transaction Report

Form 4
Period: 2006-06-30
CLOYD KEVIN
Executive Vice President
Transactions
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2006-06-3014,61915,000 total
    Exercise: $26.97Exp: 2013-05-21Common Stock (14,619 underlying)
  • Exercise/Conversion

    Common Stock

    2006-06-30$6.63/sh+750$4,97354,889 total
  • Exercise/Conversion

    Common Stock

    2006-06-30$26.97/sh+14,619$394,27469,508 total
  • Tax Payment

    Common Stock

    2006-06-30$45.75/sh2,539$116,15966,969 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2006-06-30750750 total
    Exercise: $6.63Exp: 2011-09-19Common Stock (750 underlying)
Holdings
  • Common Stock

    (indirect: By son)
    226
Footnotes (4)
  • [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 column is not applicable.
  • [F3]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, 2006 vested on June 30, 2006.
  • [F4]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, 2006 vested as follows: 3,750 shares on May 21, 2004, 1,875 shares on each of September 30, 2004 and December 31, 2004, 1,494 shares on June 30, 2005, 1,875 shares on each of September 30, 2005 and December 31, 2005 and 1,875 shares on June 30, 2006.

Issuer

NEW CENTURY FINANCIAL CORP

CIK 0001287286

Entity typeoperating
IncorporatedMD

Related Parties

1
  • filerCIK 0001287286

Filing Metadata

Form type
4
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 7:17 PM ET
Size
14.2 KB