4//SEC Filing
FIRST FINANCIAL HOLDINGS INC /DE/ 4
Accession 0000787075-13-000016
CIK 0000787075operating
Filed
Jul 29, 8:00 PM ET
Accepted
Jul 30, 12:46 PM ET
Size
11.1 KB
Accession
0000787075-13-000016
Insider Transaction Report
Form 4
JOHNSON THOMAS J
Director
Transactions
- Disposition to Issuer
Common stock
2013-07-26−43,462.016→ 0 total - Other
Common stock
2013-02-22$19.67/sh+109.935$2,162→ 43,358.633 total - Disposition to Issuer
Stock option
2013-07-26−500→ 0 totalExercise: $19.54From: 2009-12-18Exp: 2013-12-18→ Common stock (500 underlying) - Other
Common stock
2013-05-23$20.97/sh+103.383$2,168→ 43,462.016 total
Footnotes (4)
- [F1]Balance includes shares acquired through the dividend reinvestment plan for the period and price stated.
- [F2]Pursuant to the Agreement and Plan of Merger dated as of February 19, 2013 by and between SCBT Financial Corporation and First Financial Holdings, Inc. (the "Merger Agreement"), at the effective time of the merger each share of First Financial Holdings, Inc. common stock was exchanged for 0.4237 shares of SCBT Financial Corporation common stock, with cash paid in lieu of fractional shares.
- [F3]Options vest proportionately over a three year period beginning December 18, 2009.
- [F4]Pursuant to the Merger Agreement, each First Financial Holdings, Inc. stock option was converted into the right to receive a cash payment equal to the product of (i) the excess, if any, of (A) the closing price per share of First Financial Holdings, Inc. commonn stock on the day immediately prior to the effective time ($22.79) over (B) the per-share exercise price of such First Financial Holdings, Inc. stock option and (ii) the number of shares of First Financial Holdings, Inc. common stock subject to such First Financial Holdings, Inc. stock option. In the event that the product obained by the prior sentence is zero or a negative number, then the First Financial Holdings, Inc. stock option will be cancelled for no consideration.
Documents
Issuer
FIRST FINANCIAL HOLDINGS INC /DE/
CIK 0000787075
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000787075
Filing Metadata
- Form type
- 4
- Filed
- Jul 29, 8:00 PM ET
- Accepted
- Jul 30, 12:46 PM ET
- Size
- 11.1 KB