4//SEC Filing
NORTHEAST PENNSYLVANIA FINANCIAL CORP 4
Accession 0000909654-05-001247
CIK 0001050996operating
Filed
May 19, 8:00 PM ET
Accepted
May 20, 10:21 AM ET
Size
15.0 KB
Accession
0000909654-05-001247
Insider Transaction Report
Form 4
LAVELLE JOHN P
Director
Transactions
- Disposition to Issuer
Stock Option (right-to-buy)
2005-05-19−1,000→ 0 totalExercise: $10.38From: 2000-11-30Exp: 2009-11-30→ Common Stock (1,000 underlying) - Disposition to Issuer
Stock Option (right-to-buy)
2005-05-19−21,000→ 0 totalExercise: $11.75From: 1999-10-27Exp: 2008-10-27→ Common Stock (21,000 underlying) - Disposition to Issuer
Stock Option (right-to-buy)
2005-05-19−150→ 0 totalExercise: $12.00From: 2000-02-29Exp: 2010-02-28→ Common Stock (150 underlying) - Disposition to Issuer
Stock Option (right-to-buy)
2005-05-19−500→ 0 totalExercise: $17.78From: 2005-02-20Exp: 2014-02-20→ Common Stock (500 underlying) - Disposition to Issuer
Common Stock
2005-05-19−27,501→ 0 total
Footnotes (3)
- [F1]Since the reporting person's last report 500 shares previously held through Stock Award have vested and are now owned directly.
- [F2]Pursuant to the Agreement and Plan of Merger between KNBT Bancorp, Inc. and Northeast Pennsylvania Financial Corp., dated December 8, 2004, each share of Northeast Pennyslvania Financial Corp. common stock was exchanged for $23.00 in cash or shares of KNBT Bancorp, Inc. common stock, in accordance with the reporting person's election and the allocation and proration procedures contained in the Agreement and Plan of Merger.
- [F3]Pursuant to the Agreement and Plan of Merger between KNBT Bancorp, Inc. and Northeast Pennsylvania Financial Corp., dated December 8, 2004, each option to purchase a share of Northeast Pennyslvania Financial Corp. common stock was converted into the right to receive a lump sum cash paymnent, subject to applicable withholding taxes, equal to $23.00 less the applicable exercise price of each option. All such options became fully vested and exercisable in connection with the change in control.
Documents
Issuer
NORTHEAST PENNSYLVANIA FINANCIAL CORP
CIK 0001050996
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001050996
Filing Metadata
- Form type
- 4
- Filed
- May 19, 8:00 PM ET
- Accepted
- May 20, 10:21 AM ET
- Size
- 15.0 KB