4//SEC Filing
WU PING C 4
Accession 0000351710-03-000043
CIK 0000351710other
Filed
Oct 22, 8:00 PM ET
Accepted
Oct 23, 5:11 PM ET
Size
18.4 KB
Accession
0000351710-03-000043
Insider Transaction Report
Form 4
GBC BANCORPGBCB
WU PING C
Director
Transactions
- Exercise/Conversion
Common Stock
2003-10-17+6,037→ 596,888 total - Exercise/Conversion
Stock Option
2003-10-17$31.75/sh−20,000$635,000→ 0 totalExercise: $31.75From: 1999-05-07Exp: 2008-05-06→ Common Stock (20,000 underlying) - Exercise/Conversion
Stock Option
2003-10-17$25.88/sh−3,000$77,640→ 0 totalExercise: $25.88From: 2000-01-01Exp: 2008-12-31→ Common Stock (3,000 underlying)
Footnotes (3)
- [F1]Represents the number of shares acquired on "cashless" exercise of stock options immediately prior to the merger between GBC Bancorp and Cathay Bancorp, Inc. (the "Merger") in accordance with the formulas provided in the Agreement and Plan of Merger among General Bank, GBC Bancorp, Cathay Bank and Cathay Bancorp, Inc. (the "Merger Agreement").
- [F2]These securities were acquired at various option exercise prices indicated under Column 8 regarding derivative securities on page 2 of this form.
- [F3]By virtue of the Merger, each share beneficially owned by the Reporting Person following the reported transaction was converted to the right to receive the merger consideration (Cathay Bancorp stock and/or cash) in accordance with the terms of the Merger Agreement. The Merger became effective 10/20/03.
Documents
Issuer
GBC BANCORP
CIK 0000351710
Entity typeother
Related Parties
1- filerCIK 0001167479
Filing Metadata
- Form type
- 4
- Filed
- Oct 22, 8:00 PM ET
- Accepted
- Oct 23, 5:11 PM ET
- Size
- 18.4 KB