4//SEC Filing
Andersen Robert C 4
Accession 0000899243-20-018986
CIK 0001635261other
Filed
Jul 12, 8:00 PM ET
Accepted
Jul 13, 2:50 PM ET
Size
10.0 KB
Accession
0000899243-20-018986
Insider Transaction Report
Form 4
Andersen Robert C
Director
Transactions
- Other
Common Stock
2020-07-10−30,000→ 0 total - Disposition to Issuer
Option- Right to Buy
2020-07-10−5,278→ 0 totalExercise: $17.30From: 2018-07-31Exp: 2027-07-30→ Common Stock (5,278 underlying) - Disposition to Issuer
Option-Right to Buy
2020-07-10−5,278→ 0 totalExercise: $17.65From: 2019-01-23Exp: 2028-01-22→ Common Stock (5,278 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of December 18, 2019, by and among Kearny Financial Corp. ("KRNY") and MSB Bancorp Inc. ("MSBF"). At the effective time of the Merger on July 10, 2020 (the "Effective Time"), each share of MSBF common stock issued and outstanding immediately prior to such time was converted into the right to receive either $18.00 per share in cash or 1.3 shares of KRNY common stock, subject to an election and allocation procedure whereby a maximum of 10% of such MSBF shares will be exchanged for cash and the balance will be exchanged for KRNY common stock.
- [F2]At the Effective Time, pursuant to the Agreement and Plan of Merger, dated as of December 18, 2019, by and among Kearny Financial Corp. and MSB Bancorp Inc., all stock options were cancelled and the reporting person received a cash payment equal to $18.00 per share minus the applicable exercise price of such stock option multiplied by each stock option held.
Documents
Issuer
MSB FINANCIAL CORP
CIK 0001635261
Entity typeother
Related Parties
1- filerCIK 0001707539
Filing Metadata
- Form type
- 4
- Filed
- Jul 12, 8:00 PM ET
- Accepted
- Jul 13, 2:50 PM ET
- Size
- 10.0 KB