COMMUNITY BANCORP INC 4
4 · COMMUNITY BANCORP INC · Filed Oct 30, 2006
Insider Transaction Report
Form 4
BAKER MARK N
Director
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-10-26$42.01/sh−1,250$52,507→ 0 totalExercise: $36.06Exp: 2016-02-22→ Common Stock - Community Bancorp Inc. (1,250 underlying) - Disposition to Issuer
Common Stock - Community Bancorp Inc.
2006-10-26$39.82/sh−41,976$1,671,484→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock - Community Bancorp Inc.
2006-10-26$39.82/sh−40,022$1,593,676→ 0 total(indirect: Baker Trst 10/12/85)
Footnotes (3)
- [F1]Shares disposed at a fixed exchange ratio of 0.735 shares of First Community common stock (FCBP) for each share of Community National Bank common stock (CMBC) due to merger
- [F2]Cancelled and cashed out at a FV of $42.0053 (15 day average of FCBP of $57.15 times 0.735 per definitive merger agreement) due to merger
- [F3]Vesting accelerated due to merger with FCPB