4//SEC Filing
LSB FINANCIAL CORP 4
Accession 0000908834-14-000638
CIK 0000930405operating
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 1:15 PM ET
Size
8.3 KB
Accession
0000908834-14-000638
Insider Transaction Report
Form 4
Byrn Sarah R
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2014-11-01−3,750→ 0 totalExercise: $18.49Exp: 2022-07-23→ Common Stock (3,750 underlying) - Disposition to Issuer
Stock Option (right to buy)
2014-11-01−1,050→ 0 totalExercise: $28.87Exp: 2024-02-05→ Common Stock (1,050 underlying)
Footnotes (2)
- [F1]These options, which provided for vesting in five annual installments of 20% each beginning February 6, 2015, were accelerated and canceled pursuant to a merger agreement between the issuer and Old National Bancorp in exchange for a cash payment of $10,867.50, representing the difference between (i) the option exercise price and (ii) the merger consideration of (a) $10.63 plus (b) $12.60 (average closing price for Old National Bancorp shares under the formula) multiplied by the 2.269 merger share exchange ratio, for each issuer share subject to the option.
- [F2]These options, which provided for vesting in five annual installments of 20% each beginning July 23, 2013, were accelerated and canceled pursuant to a merger agreement between the issuer and Old National Bancorp in exchange for a cash payment of $77,737.50, representing the difference between (i) the option exercise price and (ii) the merger consideration of (a) $10.63 plus (b) $12.60 (average closing price for Old National Bancorp shares under the formula) multiplied by the 2.269 merger share exchange ratio, for each issuer share subject to the option.
Documents
Issuer
LSB FINANCIAL CORP
CIK 0000930405
Entity typeoperating
IncorporatedIN
Related Parties
1- filerCIK 0000930405
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 1:15 PM ET
- Size
- 8.3 KB