U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
[_] Check box if no longer subject of Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
Allbritton Joe Lewis
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(Last) (First) (Middle)
2970 Lazy Lane
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(Street)
Houston Texas 77019
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Riggs National Corporation RIGS
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Day/Year
April 16, 2003
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5. If Amendment, Date of Original (Month/Day/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[X] Director [X] 10% Owner
[ ] Officer (give title below) [_] Other (specify below)
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7. Individual or Joint/Group Filing (Check applicable line)
[_] 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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5. 6.
4. Amount of Owner-
Securities Acquired (A) or Securities ship
3. Disposed of (D) Beneficially Form: 7.
2A. Transaction (Instr. 3, 4 and 5) Owned Following Direct Nature of
2. Deemed Code ----------------------------- Reported (D) or Indirect
1. Transaction Execution (Instr. 8) (A) Transaction(s) Indirect Beneficial
Title of Security Date Date ---------- Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr.4)
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* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
(Over)
(Form 4-07/98)
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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9. 10.
Number Owner-
0f ship
Deriv- Form
2. ative- of
Conver- 5. 7. Secur- Deriv- 11.
sion Number of Title and Amount ities ative Nature
or Derivative 6. of Underlying 8. Bene- Secur- of
Exer- 4. Securities Date Securities Price ficially ity: In-
cise 3. 3A. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of Owned Direct direct
Price Trans- Deemed action or Disposed Expiration Date ---------------- Deriv- Following (D) or Bene-
1. of action Execution Code of(D) (Month/Day/Year) Amount ative Reported In- ficial
Title of Deriv- Date Date, (Instr. (Instr. 3, --------------- or Secur- Trans- direct Owner-
Derivative ative (Month/ if any 8) 4 and 5) Date Expira- Number ity action(s) (I) ship
Security Secur- Day/ (Month/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr.(Instr.
(Instr. 3) ity Year) Day/Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Option to $13.84 4/16/03 A V 2,500 4/16/03 4/16/13 Common 2,500 3,880,000* 3,850,000 D
Buy (1) 30,000 I**
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(1) These Options were granted to Mrs. Allbritton under the 2002 Riggs National Corporation
Long-Term Incentive Plan.
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Explanation of Responses:
* All such options are currently exercisable.
** Pursuant to Rule 16a-1(a)(4), Mr. Allbritton disclaims beneficial
ownership of the securities which represent options to buy granted to Mrs.
Barbara B. Allbritton, his wife, pursuant to the Company's plans.
/s/ Joe L. Allbritton April 17, 2003
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
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