BOLDUC LUCIEN 4/A
4/A · New England Bancshares, Inc. · Filed Jun 14, 2006
Insider Transaction Report
Form 4/AAmended
BOLDUC LUCIEN
Director
Transactions
- Other
Stock Options (Right to Buy)
2005-12-28+14,498→ 14,498 totalExercise: $6.40From: 2004-02-11Exp: 2013-02-11→ Common Stock (14,498 underlying) - Purchase
Common Stock
2005-12-28$10.00/sh+400$4,000→ 400 total(indirect: By Partnership) - Other
Common Stock
2005-12-28+4,637→ 4,637 total(indirect: By Stock Award) - Other
Common Stock
2005-12-28+1,397→ 1,397 total - Purchase
Common Stock
2005-12-28$10.00/sh+2,500$25,000→ 3,897 total - Purchase
Common Stock
2005-12-28$10.00/sh+1,000$10,000→ 1,000 total(indirect: By LLC)
Footnotes (4)
- [F1]Pursuant to the Plan of Conversion and Reorganization, dated July 21, 2005, as amended and restated on October 21, 2005, each share of New England Bancshares, Inc. common stock was exchanged for 2.3683 shares of NEBS Bancshares, Inc. common stock.
- [F2]Stock award vests ratably over the 5-year period commencing on February 11, 2004.
- [F3]Pursuant to the Plan of Conversion and Reorganization, dated July 21, 2005, as amended and restated on October 21, 2005, each option to purchase a share of New England Bancshares, Inc. was converted into an option to purchase 2.3683 shares of NEBS Bancshares, Inc. common stock, rounded down to the nearest share. The exercise price per share for each converted option is determined by dividing the exercise price of such converted option by the 2.3683 exchange ratio, with such quotient rounded up to the nearest whole cent.
- [F4]Stock Options granted pursuant to the New England Bancshares, Inc. 2003 Stock-Based Incentive Plan vest ratably over the five year period commencing February 11, 2004.