- Statement of Changes in Beneficial Ownership (4)
06 6월 2009 - 5:34AM
Edgar (US Regulatory)
FORM 4
[
X
]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
LOWDER ROBERT E
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2. Issuer Name
and
Ticker or Trading Symbol
COLONIAL BANCGROUP INC
[
CNB
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
CEO
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(Last)
(First)
(Middle)
100 COLONIAL BANK BLVD., 3RD FLOOR
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3. Date of Earliest Transaction
(MM/DD/YYYY)
6/3/2009
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(Street)
MONTGOMERY, AL 36117
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock
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6/3/2009
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E
(2)
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148203
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D
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$1.18
(3)
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7642224
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D
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Common Stock
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25960
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I
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by Spouse
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Non-Qualified Stock Option (right to buy)
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$10.38
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3/29/2001
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3/29/2010
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Common Stock
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200000
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200000
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D
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Non-Qualified Stock Option (right to buy)
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$10.50
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12/30/2000
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12/30/2009
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Common Stock
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100000
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100000
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D
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Non-Qualified Stock Option (right to buy)
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$24.09
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12/22/2006
(1)
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12/22/2015
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Common Stock
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200000
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120000
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D
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Non-Qualified Stock Option (right to buy)
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$25.81
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1/16/2008
(1)
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1/16/2017
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Common Stock
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101620
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40648
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D
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Non-Qualified Stock Option (right to buy)
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$11.29
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1/15/2009
(1)
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1/15/2018
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Common Stock
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200000
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40000
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D
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Explanation of Responses:
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(
1)
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Options vest in 5 equal installments, 20% annually beginning one year from the date of grant.
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(
2)
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Filer retired from his position on June 3, 2009. This shows the cancellation of the following restricted shares that expired due to the terms of his award agreements: 43,430 restricted shares granted on January 16th 2007 of which 21,715 shares were performance based and the remaining 21,715 were service based. 604 service based restricted shares granted on April 18, 2007 through the company's stock plan for directors. 102,572 restricted shares granted on January 15, 2008 of which 51,286 shares were performance based and 51,286 shares were service based. Finally, 1,597 service based restricted shares granted on April 16, 2008 through the company's stock plan for directors. All shares cancelled effective June 3, 2009.
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(
3)
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Fair Market Value on date of cancellation.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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LOWDER ROBERT E
100 COLONIAL BANK BLVD., 3RD FLOOR
MONTGOMERY, AL 36117
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X
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CEO
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Signatures
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/s/ Robert E. Lowder
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6/5/2009
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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Colonial Bancgroup (NYSE:CNB)
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