STATE FINANCIAL SERVICES CORP 4
4 · STATE FINANCIAL SERVICES CORP · Filed Oct 5, 2005
Insider Transaction Report
Form 4
CECELIA CARL R
Sr. VP Risk Management
Transactions
- Disposition to Issuer
Common Stock
2005-10-03−5,820→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2005-10-03−2,210→ 0 totalExercise: $29.72Exp: 2015-01-31→ Common Stock (2,210 underlying) - Disposition to Issuer
Common Stock
2005-10-03−174.71→ 0 total(indirect: Dividend Reinvestment Plan) - Disposition to Issuer
Stock Option (right to buy)
2005-10-03−2,270→ 0 totalExercise: $27.00Exp: 2014-02-03→ Common Stock (2,270 underlying) - Disposition to Issuer
Common Stock
2005-10-03−921.155→ 0 total(indirect: Employee Stock Ownership Plan) - Disposition to Issuer
Stock Option (right to buy)
2005-10-03−2,430→ 0 totalExercise: $18.69Exp: 2013-01-31→ Common Stock (2,430 underlying) - Disposition to Issuer
Common Stock
2005-10-03−1,903.799→ 0 total(indirect: By 401(k))
Footnotes (3)
- [F1]Disposed of pursuant to a merger agreement between issuer and Associated Banc-Corp. Each share of common stock was exchanged for 1.2 shares of Associated common stock having a market value of $31.42 per share on the effective date of the merger.
- [F2]The option originally granted vested and became exercisable as follows: 25% after 1st anniversary of the date of grant, 50% after 2nd anniversary, and 100% after 3rd anniversary of the date of grant.
- [F3]This option was canceled in the merger pursuant to a cash conversion whereby each share of common stock of the option was converted into the right to receive cash in an amount equal to the product of (i) the number of shares of issuer's common stock subject to the option multiplied by (ii) the amount by which $37.4304 exceeds the exercise price of the option.