Home/Filings/4/0000908834-14-000641
4//SEC Filing

LSB FINANCIAL CORP 4

Accession 0000908834-14-000641

CIK 0000930405operating

Filed

Nov 3, 7:00 PM ET

Accepted

Nov 4, 1:20 PM ET

Size

10.1 KB

Accession

0000908834-14-000641

Insider Transaction Report

Form 4
Period: 2014-11-01
Transactions
  • Disposition to Issuer

    Common Stock

    2014-11-0126,9410 total
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2014-11-012,4500 total
    Exercise: $28.87Exp: 2024-02-05Common Stock (2,450 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2014-11-013750 total
    Exercise: $17.00Exp: 2022-03-19Common Stock (375 underlying)
Footnotes (3)
  • [F1]These issuer shares were disposed of pursuant to a merger agreement between the issuer and Old National Bancorp in exchange for (i) $10.63 in cash per issuer share; and (ii) 2.269 common shares of Old National Bancorp per issuer share. The market value per common share of Old National Bancorp on the effective date of the merger was $14.55.
  • [F2]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 $25,357.50, 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.
  • [F3]These options, which provided for vesting in five annual installments of 20% each beginning March 19, 2013, were accelerated and canceled pursuant to a merger agreement between the issuer and Old National Bancorp in exchange for a cash payment of $8,332.50, 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.

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, 1:20 PM ET
Size
10.1 KB