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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1355855	Newport Bancorp Inc	NFSB	Savings Institution, Federally Chartered (6035)	204465271

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1357341	R Carol Silven	100 Bellevue Avenue Newport RI 02840	Svp/Sr. Retail Banking Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2008-02-13	10,047	$11.70	0	No	4	S	Indirect	By 401(k)
Common Stock	Disposition	2009-10-01	1,167	$12.80	5,633	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By 401(k)
No	4	F	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Options	Acquisiton	2010-01-04	5,000	$0.00	5,000	$12.25

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
5,000	2011-01-04	2020-01-04	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	9,600	Indirect	By Stock Award
Common Stock	4,325	Indirect	By ESOP

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Options	$12.53	2008-10-01	2017-10-01	40,000	40,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2017-10-01	40,000	40,000	Direct

Footnotes

Stock awards granted pursuant to the Newport Bancorp, Inc. 2007 Equity Incentive Plan vest in five equal annual installments beginning on October 1, 2008.
This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
Stock options granted pursuant to the Newport Bancorp, Inc. 2007 Equity Incentive Plan vest in five equal annual installments beginning on October 1, 2008.
Reflects shares of restricted stock that have vested.
Stock options granted pursuant to the Newport Bancorp, Inc. 2007 Equity Incentive Plan vest in five equal annual installments beginning on January 4, 2011.