4//SEC Filing
STATE INVESTORS BANCORP, INC. 4
Accession 0000927089-15-000601
CIK 0001513971operating
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 5:32 PM ET
Size
10.9 KB
Accession
0000927089-15-000601
Insider Transaction Report
Form 4
PIKE CHRISTOPHER G
SVP - Chief Lending Officer(1)
Transactions
- Disposition to Issuer
Common Stock
2015-11-30$21.51/sh−3,476$74,769→ 0 total - Disposition to Issuer
Common Stock
2015-11-30$21.51/sh−28,757.232$618,568→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Employee Stock Option (right to buy)
2015-11-30$9.69/sh−14,547$140,960→ 0 totalExercise: $11.82Exp: 2022-01-24→ Common Stock (14,547 underlying) - Disposition to Issuer
Common Stock
2015-11-30$21.51/sh−2,596.261$55,846→ 0 total(indirect: By ESOP)
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.
Documents
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
- 10.9 KB