4//SEC Filing
Callas George S 4
Accession 0000914317-10-001837
CIK 0001172353other
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 2:42 PM ET
Size
12.0 KB
Accession
0000914317-10-001837
Insider Transaction Report
Form 4
Callas George S
Director
Transactions
- Disposition from Tender
Stock Option (Right to Buy)
2010-11-30$3.58/sh−40,203$143,927→ 0 totalExercise: $3.92Exp: 2011-05-23→ Common Stock, $.01 par value (40,203 underlying) - Disposition from Tender
Common Stock, $0.01 par value
2010-11-30$7.50/sh−139,020$1,042,650→ 0 total - Disposition from Tender
Common Stock, $0.01 par value
2010-11-30$7.50/sh−6,748$50,610→ 0 total(indirect: By Spouse) - Disposition from Tender
Stock Option (Right to Buy)
2010-11-30$3.68/sh−2,573$9,469→ 0 totalExercise: $3.82Exp: 2011-07-25→ Common Stock, $.01 par value (0 underlying)
Footnotes (4)
- [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.
- [F2]Held by Mr. Callas' wife, as to which he disclaims any beneficial interest.
- [F3]This option was canceled upon the consummation of the merger in exchange for a cash payment of $9,468.64, representing the positive difference between the merger consideration of $7.50 per share over the per share exercise price of $3.82, multiplied by 2,573 shares of common stock subject to the option.
- [F4]This option was canceled upon the consummation of the merger in exchange for a cash payment of $143,926.74, representing the positive difference between the merger consideration of $7.50 per share over the per share exercise price of $3.92, multiplied by 40,203 shares of common stock subject to the option.
Documents
Issuer
CENTRAL JERSEY BANCORP
CIK 0001172353
Entity typeother
Related Parties
1- filerCIK 0001313229
Filing Metadata
- Form type
- 4
- Filed
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 2:42 PM ET
- Size
- 12.0 KB