Kassekert Denise 4
4 · Beneficial Mutual Bancorp Inc · Filed Feb 19, 2009
Insider Transaction Report
Form 4
Kassekert Denise
Senior V.P., Community Banking
Transactions
- Purchase
Common Stock
2009-02-18$9.07/sh+500$4,535→ 3,500 total - Purchase
Common Stock
2009-02-18$9.23/sh+1,000$9,230→ 4,500 total
Holdings
- 1,221(indirect: By 401(k))
Common Stock
- 75,000
Stock Option (Right to Buy)
Exercise: $11.86Exp: 2018-08-06→ Common Stock (75,000 underlying) - 50,000(indirect: Restricted Stock)
Common Stock
Footnotes (2)
- [F1]These restricted shares, initially awarded on August 6, 2008, vest according to the following vesting schedules: (1) 25,000 shares are subject to a three-year cliff vesting schedule whereby no shares vest on the first and second anniversaries of the award; 60% of the shares vest on the third anniversary of the award; and thereafter 20% of the shares each vest on the fourth and fifth anniversaries of the award; and (2) 25,000 shares will vest if certain specified performance requirements are met during the performance measurement period beginning on December 31, 2009 and ending on December 31, 2013.
- [F2]Options vest equally over a 5-year period with the first 20% vesting on August 6, 2009, the first anniversary of the date of the grant.