Douglas Alan L 4
4 · COMMUNITY BANCORP INC · Filed Oct 30, 2006
Insider Transaction Report
Form 4
Douglas Alan L
Director
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-10-26$42.01/sh−1,000$42,005→ 0 totalExercise: $36.06From: 2006-12-31Exp: 2016-02-22→ Common Stock - Community Bancorp Inc. (1,000 underlying) - Disposition to Issuer
Common Stock - Community Bancorp Inc.
2006-10-26$39.82/sh−7,869$313,344→ 0 total(indirect: By IRA) - Disposition to Issuer
Common Stock - Community Bancorp Inc.
2006-10-26$39.82/sh−21,506$856,369→ 0 total(indirect: By Trust)
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