FIRST FINANCIAL HOLDINGS INC /DE/ 4

4 · FIRST FINANCIAL HOLDINGS INC /DE/ · Filed Jul 30, 2013

Form 4

Period: 2013-07-26

Director

Transactions

Disposition to Issuer
Stock option
2013-07-26−1,964→ 0 total
Exercise: $25.45From: 2007-10-02Exp: 2016-10-02→ Common stock (1,964 underlying)
Disposition to Issuer
Common stock
2013-07-26−22,048→ 0 total
Purchase
Stock option
2013-07-26−2,092→ 0 total
Exercise: $23.90From: 2004-10-01Exp: 2014-10-01→ Common stock (2,092 underlying)
Disposition to Issuer
Stock option
2013-07-26−500→ 0 total
Exercise: $19.54From: 2009-12-18Exp: 2013-12-18→ Common stock (500 underlying)
Disposition to Issuer
Stock option
2013-07-26−2,068→ 0 total
Exercise: $23.23From: 2003-10-01Exp: 2013-10-01→ Common stock (2,068 underlying)

Footnotes (6)

[F1]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.
[F2]Options vest proportionately over a three year period beginning October 2, 2007.
[F3]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 te 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.
[F4]Options vest immediately beginning October 1, 2003.
[F5]Options vest immediately beginning October 1, 2004.
[F6]Options vest proportionately over a three year period beginning December 18, 2009.

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