FIRST UNION BANCORP /GA/ 4
4 · FIRST UNION BANCORP /GA/ · Filed Jun 8, 2006
Insider Transaction Report
Form 4
Waddy Patrick D
Chief Financial Officer
Transactions
- Award
Common Stock, $0.10 par value
2006-06-06+2,600→ 52,399 total - Award
Stock Option, right to buy
2006-06-06$17.51/sh+7,800$136,578→ 7,800 totalExercise: $17.51From: 2007-06-06Exp: 2012-06-06→ Common Stock, $0.10 par value (7,800 underlying)
Footnotes (3)
- [F1]The stock is restricted stock issued pursuant to the Company's 2005 Long Term Incentive Plan. The stock vests at 20% per year on each anniversary of June 6 for the years 2007 through 2011.
- [F2]2600 shares of the total represents restricted stock that has not yet vested.
- [F3]The options vest at 25% per year on each anniversary of June 6 for the years 2007 through 2010.