COMMUNITY BANCORP INC 4

4 · COMMUNITY BANCORP INC · Filed Oct 30, 2006

Form 4

Period: 2006-10-26

Director

Transactions

Disposition to Issuer
Common Stock - Community Bancorp Inc.
2006-10-26$39.82/sh−1,912$76,136→ 0 total(indirect: By IRA)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-10-26$42.01/sh−94,873$3,985,169→ 0 total
Exercise: $7.35From: 1998-03-18Exp: 2008-03-18→ Common Stock - Community Bancorp Inc. (94,873 underlying)
Disposition to Issuer
Common Stock - Community Bancorp Inc.
2006-10-26$39.82/sh−26,905$1,071,357→ 0 total(indirect: By 401(k))
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-10-26$42.01/sh−1,705$71,619→ 0 total
Exercise: $6.27From: 1999-02-17Exp: 2009-02-17→ Common Stock - Community Bancorp Inc. (1,705 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-10-26$42.01/sh−1,000$42,005→ 0 total
Exercise: $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−107,483$4,279,973→ 0 total(indirect: By Trust)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-10-26$42.01/sh−1,158$48,642→ 0 total
Exercise: $4.43From: 2001-02-16Exp: 2010-02-16→ Common Stock - Community Bancorp Inc. (1,158 underlying)

Footnotes (4)

[F1]Community Bancorp Inc. - Common
[F2]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
[F3]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
[F4]Vesting accelerated due to merger with FCPB

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