Home/Filings/4/0000914317-10-001834
4//SEC Filing

AARON JAMES G 4

Accession 0000914317-10-001834

CIK 0001172353other

Filed

Dec 5, 7:00 PM ET

Accepted

Dec 6, 2:41 PM ET

Size

28.7 KB

Accession

0000914317-10-001834

Insider Transaction Report

Form 4
Period: 2010-11-30
Transactions
  • Disposition from Tender

    Common Stock, $0.01 par value

    2010-11-30$7.50/sh23,116$173,3700 total
  • Disposition from Tender

    Common Stock, $0.01 par value

    2010-11-30$7.50/sh22,544$169,0800 total(indirect: By Trust)
  • Disposition from Tender

    Common Stock, $0.01 par value

    2010-11-30$7.50/sh27,545$206,5880 total(indirect: By IRA)
  • Disposition from Tender

    Common Stock, $0.01 par value

    2010-11-30$7.50/sh3,361$25,2080 total(indirect: By Spouse)
  • Disposition from Tender

    Stock Option (Right to Buy)

    2010-11-30$2.18/sh8,752$19,0790 total
    Exercise: $5.32Exp: 2013-02-28Common Stock, $.01 par value (8,752 underlying)
  • Disposition from Tender

    Stock Option (Right to Buy)

    2010-11-30$4.08/sh9,648$39,3640 total
    Exercise: $3.42Exp: 2011-01-31Common Stock, $.01 par value (9,648 underlying)
  • Disposition from Tender

    Common Stock, $0.01 par value

    2010-11-30$7.50/sh48,993$367,4480 total(indirect: By LP)
  • Disposition from Tender

    Common Stock, $0.01 par value

    2010-11-30$7.50/sh15,360$115,2000 total(indirect: By Trust)
  • Disposition from Tender

    Common Stock, $0.01 par value

    2010-11-30$7.50/sh9,653$72,3980 total(indirect: By IRA)
  • Disposition from Tender

    Stock Option (Right to Buy)

    2010-11-3016,6700 total
    Exercise: $9.90Exp: 2014-02-28Common Stock, $.01 par value (0 underlying)
  • Disposition from Tender

    Stock Option (Right to Buy)

    2010-11-30$2.60/sh9,189$23,8910 total
    Exercise: $4.90Exp: 2012-02-28Common Stock, $.01 par value (9,189 underlying)
  • Disposition from Tender

    Common Stock, $0.01 par value

    2010-11-30$7.50/sh18,336$137,5200 total(indirect: By Trust)
  • Disposition from Tender

    Common Stock, $0.01 par value

    2010-11-30$7.50/sh44,019$330,1430 total(indirect: By corp.)
Footnotes (13)
  • [F1]On November 30, 2010, the merger by and among Central Jersey Bancorp ("Central Jersey"), Central Jersey Bank, N.A., Kearny Financial Corp. ("Kearny") and Kearny Federal Savings Bank was completed, pursuant to which Kearny acquired all of the outstanding shares of Central Jersey for $7.50 per share in cash. Options to acquire shares of Central Jersey were cancelled in exchange for a cash payment equal to the positive difference, if any, of the merger consideration of $7.50 per share over the per share exercise price.
  • [F10]This option was canceled upon the consummation of the merger. As the per share exercise price of $9.90 per share exceeded the merger consideration of $7.50 per share, no consideration was paid in exchange for the cancellation of this option.
  • [F11]This option was canceled upon the consummation of the merger in exchange for a cash payment of $19,079.36, representing the positive difference between the merger consideration of $7.50 per share over the per share exercise price of $5.32, multiplied by 8,752 shares of common stock subject to the option.
  • [F12]This option was canceled upon the consummation of the merger in exchange for a cash payment of $23,891.40, representing the positive difference between the merger consideration of $7.50 per share over the per share exercise price of $4.90, multiplied by 9,189 shares of common stock subject to the option.
  • [F13]This option was canceled upon the consummation of the merger in exchange for a cash payment of $39,363.84, representing the positive difference between the merger consideration of $7.50 per share over the per share exercise price of $3.42, multiplied by 9,648 shares of common stock subject to the option.
  • [F2]Held by an Individual Retirement Account for the benefit of Mr. Aaron.
  • [F3]Held by a trust of which Mr. Aaron is trustee, as to which he disclaims any beneficial interest.
  • [F4]Held by a corporation of which Mr. Aaron is a shareholder and vice president, as to which he disclaims any beneficial interest except to the extent of his ownership interest in the corporation.
  • [F5]Held by a family limited partnership of which Mr. Aaron is a partner, as to which he disclaims any beneficial interest except to the extent of his ownership interest in the partnership.
  • [F6]Held by certain trusts of which Mr. Aaron is trustee, as to which he disclaims any beneficial interest.
  • [F7]Held by a trust of which Mr. Aaron's wife is trustee, as to which he disclaims any beneficial interest.
  • [F8]Held by Mr. Aaron's wife, as to which he disclaims any beneficial interest.
  • [F9]Held by an Individual Retirement Account for the benefit of Mr. Aaron's wife, as to which he disclaims any beneficial interest.

Issuer

CENTRAL JERSEY BANCORP

CIK 0001172353

Entity typeother

Related Parties

1
  • filerCIK 0001179123

Filing Metadata

Form type
4
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 2:41 PM ET
Size
28.7 KB