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4//SEC Filing

STATE INVESTORS BANCORP, INC. 4

Accession 0000927089-15-000600

CIK 0001513971operating

Filed

Nov 30, 7:00 PM ET

Accepted

Dec 1, 5:32 PM ET

Size

13.8 KB

Accession

0000927089-15-000600

Insider Transaction Report

Form 4
Period: 2015-11-30
MCGOWAN DANIEL
DirectorChief Financial Officer
Transactions
  • Disposition to Issuer

    Common Stock

    2015-11-30$21.51/sh7,772$167,1760 total
  • Disposition to Issuer

    Common Stock

    2015-11-30$21.51/sh50$1,0760 total(indirect: By Self as UTMA-LA Custodian for Son)
  • Disposition to Issuer

    Common Stock

    2015-11-30$21.51/sh3,021.053$64,9830 total(indirect: By ESOP)
  • Disposition to Issuer

    Common Stock

    2015-11-30$21.51/sh25,101.468$539,9330 total(indirect: By 401(k))
  • Disposition to Issuer

    Common Stock

    2015-11-30$21.51/sh50$1,0760 total(indirect: By Self as UTMA-LA Custodian for Daughter)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2015-11-30$9.69/sh20,366$197,3470 total
    Exercise: $11.82Exp: 2022-01-24Common Stock (20,366 underlying)
Footnotes (4)
  • [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]Reflects units which represent share interests and a reserve of cash in the Issuer's 401(k) Plan.
  • [F3]The reported shares represent the number of shares allocated to the reporting person's ESOP account as of December 31, 2014.
  • [F4]The option which provided for vesting in seven 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.

Issuer

STATE INVESTORS BANCORP, INC.

CIK 0001513971

Entity typeoperating

Related Parties

1
  • filerCIK 0001513971

Filing Metadata

Form type
4
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 5:32 PM ET
Size
13.8 KB