X0201 4 2004-03-22 0 0000718449 TBC CORP TBCC 0000936933 BRUCE MARVIN E 3260 HABERSHAM ROAD ATLANTA GA 30305 1 1 0 0 Chairman of the Board Common Stock 2004-03-22 4 M 0 936.0000 7.1250 A 47457.0000 D Common Stock 2004-03-22 4 D 0 234.0000 0 D 47223.0000 D Common Stock 2004-03-22 4 M 0 1212.0000 5.5000 A 48435.0000 D Common Stock 2004-03-22 4 D 0 303.0000 0 D 48132.0000 D Common Stock 2004-03-22 4 M 0 928.0000 7.1900 A 49060.0000 D Common Stock 2004-03-22 4 D 0 232.0000 0 D 48828.0000 D Stock Option (right to buy) 7.1250 2004-03-22 4 M 0 936.0000 0 D 2000-04-28 2004-04-28 Common Stock 936.0000 0 D Stock Option (right to buy) 5.5000 2004-03-22 4 M 0 1212.0000 0 D 2001-04-26 2004-04-26 Common Stock 1212.0000 1212.0000 D Stock Option (right to buy) 7.1900 2004-03-22 4 M 0 928.0000 0 D 2002-04-25 2004-04-25 Common Stock 928.0000 1852.0000 D Under the TBC Corporation 1989 Stock Incentive Plan (the "Plan"), prior to 2003, each non-employee director was granted, on the date of each Annual Meeting of Stockholders, shares of restricted stock having an aggregate then current fair market value of $5,000. The director was concurrently granted an option giving him the right to buy four times the number of restricted shares that he was granted. The option expires in one-third increments as the restricted stock vests, and the exercise of any portion of the option will cause the forfeiture of the associated restricted stock. The exercise of the option is also subject to certain conditions stated in the Plan. Exercise of tandem options. See (1). Forfeiture of restricted stock upon exercise of tandem options. See (1). Mr. Bruce also owns 1,194,735 shares of TBC Common Stock indirectly through his Living Trust. Represents the balance of tandem options still outstanding under the respective annual grant. MARVIN E. BRUCE 2004-03-24