STATE INVESTORS BANCORP, INC. 4
4 · STATE INVESTORS BANCORP, INC. · Filed Dec 1, 2015
Insider Transaction Report
Form 4
MASLANSKY SANFORD R
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2015-11-30$9.69/sh−2,328$22,558→ 0 totalExercise: $11.82Exp: 2022-01-24→ Common Stock (2,328 underlying) - Disposition to Issuer
Common Stock
2015-11-30$21.51/sh−1,746$37,556→ 0 total - Disposition to Issuer
Common Stock
2015-11-30$21.51/sh−10,000$215,100→ 0 total(indirect: By Spouse)
Footnotes (2)
- [F1]Disposed of pursuant to the merger between the issuer and First NBC Bank Holding Company. Pursuant to the merger agreement, each share of State Investors Bancorp, Inc. common stock was converted into cash in the amount of $21.51.
- [F2]The option which provided for vesting in five equal annual installments beginning January 24, 2013, was cancelled pursuant to the merger agreement between issuer and First NBC Bank Holding Company. Pursuant to the merger agreement, each stock option was cancelled in exchange for a cash payment equal to the excess of $21.51 over the exercise price of such option.