FIRST FINANCIAL HOLDINGS INC /DE/ 4
4 · FIRST FINANCIAL HOLDINGS INC /DE/ · Filed Jul 30, 2013
Insider Transaction Report
Form 4
Sease Timothy B
President, Subsidiary
Transactions
- Disposition to Issuer
Stock Option
2013-07-26−1,750→ 0 totalExercise: $32.28From: 2004-11-25Exp: 2013-11-25→ Common Stock (1,750 underlying) - Other
Common Stock
2013-02-22+0.715→ 1,167.779 total - Disposition to Issuer
Common Stock
2013-07-26−1,168.451→ 0 total - Disposition to Issuer
Common Stock
2013-07-26−19,459.301→ 0 total(indirect: Sharing Thrift Plan) - Other
Common Stock
2013-05-23+1.326→ 557.242 total(indirect: By Spouse) - Other
Common Stock
2013-02-22+2.927→ 963.646 total(indirect: By Children) - Disposition to Issuer
Common Stock
2013-07-26−965.944→ 0 total(indirect: By Children) - Other
Common Stock
2013-05-23+0.672→ 1,168.451 total - Other
Common Stock
2013-05-31+45.272→ 19,459.301 total(indirect: Sharing Thrift Plan) - Other
Common Stock
2013-02-22+1.689→ 555.916 total(indirect: By Spouse) - Disposition to Issuer
Common Stock
2013-07-26−557.242→ 0 total(indirect: By Spouse) - Other
Common Stock
2013-05-23+2.298→ 965.944 total(indirect: By Children) - Disposition to Issuer
Stock Option
2013-07-26−2,000→ 0 totalExercise: $19.54From: 2009-12-18Exp: 2013-12-18→ Common Stock (2,000 underlying) - Disposition to Issuer
Stock Option
2013-07-26−2,000→ 0 totalExercise: $32.30From: 2005-11-23Exp: 2014-11-23→ Common Stock (2,000 underlying)
Footnotes (7)
- [F1]Indicates participation in the Sharing Thrift Plan and shares acquired for the period stated.
- [F2]Balances after deferrals, fees and/or dividend reinvestments (if any) during the month.
- [F3]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.
- [F4]Options vest proportionately over a three year period beginning November 25, 2004.
- [F5]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. common 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 obtained by the prior sentence is zero or a negative number, then the First Financial Holdings, Inc. stock option will be cancelled for no consideration.
- [F6]Options vest proportionately over a three year period beginning on November 23, 2005.
- [F7]Options vest proportionately over a three year period beginning on December 18, 2009.