Home/Filings/4/0000787075-13-000022
4//SEC Filing

FIRST FINANCIAL HOLDINGS INC /DE/ 4

Accession 0000787075-13-000022

CIK 0000787075operating

Filed

Jul 29, 8:00 PM ET

Accepted

Jul 30, 2:12 PM ET

Size

14.7 KB

Accession

0000787075-13-000022

Insider Transaction Report

Form 4
Period: 2013-07-26
Transactions
  • Disposition to Issuer

    Stock option

    2013-07-261,9640 total
    Exercise: $25.45From: 2007-10-02Exp: 2016-10-02Common stock (1,964 underlying)
  • Disposition to Issuer

    Common stock

    2013-07-2622,0480 total
  • Purchase

    Stock option

    2013-07-262,0920 total
    Exercise: $23.90From: 2004-10-01Exp: 2014-10-01Common stock (2,092 underlying)
  • Disposition to Issuer

    Stock option

    2013-07-265000 total
    Exercise: $19.54From: 2009-12-18Exp: 2013-12-18Common stock (500 underlying)
  • Disposition to Issuer

    Stock option

    2013-07-262,0680 total
    Exercise: $23.23From: 2003-10-01Exp: 2013-10-01Common 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.

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, 2:12 PM ET
Size
14.7 KB