4//SEC Filing
WHITNEY HOLDING CORP 4
Accession 0000106926-11-000045
CIK 0000106926operating
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 6:04 PM ET
Size
23.9 KB
Accession
0000106926-11-000045
Insider Transaction Report
Form 4
LOMAX MICHAEL L
Director
Transactions
- Disposition to Issuer
Common stock no par value
2011-06-04−0.82→ 0 total - Disposition to Issuer
Common stock no par value
2011-06-04−6,093→ 0 total - Disposition to Issuer
Phantom stock units
2011-06-04−2,434.15→ 0 totalExercise: $0.00→ Comm stock (2,434.15 underlying) - Disposition to Issuer
stock options
2011-06-04−4,500→ 0 totalExercise: $20.52From: 2002-06-30Exp: 2012-06-29→ Comm stock (4,500 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to merger agreement between the Company and Hancock Holding Company ("Hancock"). For each share of Company common stock, the reporting person received .418 of a share of Hancock common stock having a market value of $32.04 per share on the effective date of the merger.
- [F2]The stock options were assumed by Hancock in the merger. Each stock option was converted into the right to purchase .418 of a share of Hancock common stock, with a corresponding adjustment to the exercise price.
- [F3]The phantom stock units accrued under the Company's Directors' Compensation Plan and convert on a 1-for-1 basis into shares of Company common stock upon the reporting person's pre-determined payment date after retirement or earlier upon a change in control of the Company.
- [F4]The phantom stock units were assumed by Hancock in the merger. Each phantom stock unit was converted into the right to receive .418 of a share of Hancock common stock payable within 60 days following the merger.
Documents
Issuer
WHITNEY HOLDING CORP
CIK 0000106926
Entity typeoperating
IncorporatedLA
Related Parties
1- filerCIK 0000106926
Filing Metadata
- Form type
- 4
- Filed
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 6:04 PM ET
- Size
- 23.9 KB