4//SEC Filing
Burger Joseph C 4
Accession 0000927089-10-000300
CIK 0001493491other
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 12:14 PM ET
Size
22.9 KB
Accession
0000927089-10-000300
Insider Transaction Report
Form 4
Burger Joseph C
DirectorOther
Transactions
- Purchase
Common Stock
2010-11-30$10.00/sh+5,000$50,000→ 5,000 total - Other
Stock Option (Right to Buy)
2010-11-30+23,071→ 23,071 totalExercise: $14.97From: 2007-05-19Exp: 2016-05-19→ Common Stock (23,071 underlying) - Other
Common Stock
2010-11-30+8,377→ 30,982 total(indirect: By Spouse) - Other
Stock Appreciation Right
2010-11-30+23,071→ 23,071 totalExercise: $14.97From: 2007-05-19Exp: 2016-05-19→ Common Stock (23,071 underlying) - Other
Common Stock
2010-11-30+17,605→ 22,605 total
Footnotes (4)
- [F1]In accordance with the Plan of Conversion and Reorganization of Heritage, MHC, effective November 30, 2010, each outstanding share of common stock of Heritage Financial Group was exchanged for 0.8377 shares of Heritage Financial Group, Inc.'s common stock.
- [F2]In accordance with the Plan of Conversion and Reorganization of Heritage, MHC, effective November 30, 2010, each outstanding stock appreciation right and stock option for a share of common stock of Heritage Financial Group was exchanged for a stock appreciation right and stock option for 0.8377 shares of Heritage Financial Group, Inc.'s common stock, rounded down to the nearest share. The exercise price for Heritage Financial Group, Inc. stock appreciation right and stock option was determined by dividing the original exercise price of the exchanged Heritage Financial Group stock appreciation right and stock option by the 0.8377 exchange ratio, rounded up to the nearest whole cent. The Heritage Financial Group, Inc. stock appreciation rights and stock options continue to vest in five equal installments as noted in footnote 3.
- [F3]The stock appreciation rights and stock options were granted under the 2006 Equity Incentive Plan to vest in five equal annual installments beginning on May 19, 2007.
- [F4]The stock appreciation rights and stock options were granted in tandem. Accordingly, the exercise of one results in the termination of the other.
Issuer
Heritage Financial Group Inc
CIK 0001493491
Entity typeother
Related Parties
1- filerCIK 0001325805
Filing Metadata
- Form type
- 4
- Filed
- Nov 30, 7:00 PM ET
- Accepted
- Dec 1, 12:14 PM ET
- Size
- 22.9 KB