White River Capital Inc 4
4 · White River Capital Inc · Filed Feb 14, 2013
Insider Transaction Report
Form 4
ROSE JOHN W
Director
Transactions
- Disposition to Issuer
Common Stock
2013-02-14$21.93/sh−136,862$3,001,384→ 0 total - Disposition to Issuer
Common Stock
2013-02-14$21.93/sh−35,000$767,550→ 0 total(indirect: By Foundation)
Footnotes (3)
- [F1]Each share was cancelled pursuant to the terms of the Agreement and Plan of Merger dated November 15, 2012 by and among White River Capital, Inc. ("White River"), Coastal Credit Holdings, Inc., and Coastal Credit Merger Sub, Inc. ("Merger Sub") (the "Merger Agreement") in exchange for a cash payment equal to the per share merger consideration ($21.93), as may be adjusted pursuant to the terms of the Merger Agreement.
- [F2]Amount includes 909 shares of restricted stock previously granted to Mr. Rose under the White River Capital, Inc. 2005 Stock Incentive Plan, which vested in full and were converted into the merger consideration as of February 14, 2013, the closing date of the merger between White River and Merger Sub.
- [F3]Shares held by the Rose/Harnett Family Foundation with the Shenango Valley Foundation, an affiliate of the Community Foundation of Western PA and Eastern OH (the "Foundation"). The Foundation agreed to cause such shares to be voted at any meeting of the shareholders of White River Capital, Inc. ("White River") occurring in the six months after the date of transfer in the manner consistent with the recommendation of White River's board of directors. Accordingly, the reported shares owned by the Foundation may be regarded as being beneficially owned by Mr. Rose.