4//SEC Filing
CENTRAL JERSEY BANCORP 4
Accession 0000914317-10-001836
CIK 0001172353operating
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 2:42 PM ET
Size
22.0 KB
Accession
0000914317-10-001836
Insider Transaction Report
Form 4
BROCKRIEDE JOHN A
Director
Transactions
- Disposition from Tender
Common Stock, $0.01 par value
2010-11-30$7.50/sh−1,244$9,330→ 0 total - Disposition from Tender
Common Stock, $0.01 par value
2010-11-30$7.50/sh−3,202$24,015→ 0 total(indirect: By IRA) - Disposition from Tender
Common Stock, $0.01 par value
2010-11-30$7.50/sh−16,355$122,663→ 0 total(indirect: By Trust) - Disposition from Tender
Common Stock, $0.01 par value
2010-11-30$7.50/sh−296,388$2,222,910→ 0 total - Disposition from Tender
Common Stock, $0.01 par value
2010-11-30$7.50/sh−20,534$154,005→ 0 total(indirect: By IRA) - Disposition from Tender
Stock Option (Right to Buy)
2010-11-30−16,670→ 0 totalExercise: $9.90Exp: 2014-02-28→ Common Stock, $.01 par value (0 underlying) - Disposition from Tender
Common Stock, $0.01 par value
2010-11-30$7.50/sh−2,488$18,660→ 0 total - Disposition from Tender
Common Stock, $0.01 par value
2010-11-30$7.50/sh−3,899$29,243→ 0 total(indirect: By SEP) - Disposition from Tender
Common Stock, $0.01 par value
2010-11-30$7.50/sh−127,281$954,608→ 0 total(indirect: By LLC) - Disposition from Tender
Stock Option (Right to Buy)
2010-11-30$2.18/sh−8,752$19,079→ 0 totalExercise: $5.32Exp: 2013-02-28→ Common Stock, $.01 par value (8,752 underlying)
Footnotes (10)
- [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 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.
- [F2]Held jointly with Mr. Brockriede's wife, directly.
- [F3]Held jointly with Mr. Brockriede's wife, through a broker.
- [F4]Held in an Individual Retirement Account for the benefit of Mr. Brockriede.
- [F5]Held in a Simplified Employee Pension Plan for the benefit of Mr. Brockriede.
- [F6]Held in an Individual Retirement Account for the benefit of Mr. Brockriede's wife, as to which he disclaims any beneficial interest.
- [F7]Held by an LLC in which Mr. Brockriede is an Administrative Member, as to which he disclaims any beneficial interest except to the extent of his ownership interest in the LLC.
- [F8]Held in certain trusts for the benefit of Mr. Brockriede's family members, of which his wife is trustee. Mr. Brockriede disclaims any beneficial interest of these shares.
- [F9]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.
Documents
Issuer
CENTRAL JERSEY BANCORP
CIK 0001172353
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0001172353
Filing Metadata
- Form type
- 4
- Filed
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 2:42 PM ET
- Size
- 22.0 KB