LNB BANCORP INC 4
4 · LNB BANCORP INC · Filed Feb 5, 2008
Insider Transaction Report
Form 4
LNB BANCORP INCLNBB
KLIMAS DANIEL E
President and CEO
Transactions
- Award
Stock Option (Right to Buy)
2008-02-04+2,500→ 2,500 totalExercise: $14.47Exp: 2018-02-04→ Common Shares (2,500 underlying)
Footnotes (2)
- [F1]The Stock Option was granted pursuant to the LNB Bancorp, Inc. 2006 Stock Incentive Plan in reliance upon an exemption provided under Rule 16b-3.
- [F2]The Stock Option vests with respect to one-third (1/3) of the total number of common shares underlying the stock options on each of the first three anniversaries of the date of grant.