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4//SEC Filing

STATE INVESTORS BANCORP, INC. 4

Accession 0000927089-15-000605

CIK 0001513971operating

Filed

Nov 30, 7:00 PM ET

Accepted

Dec 1, 5:36 PM ET

Size

7.3 KB

Accession

0000927089-15-000605

Insider Transaction Report

Form 4
Period: 2015-11-30
Transactions
  • Disposition to Issuer

    Common Stock

    2015-11-30$21.51/sh29,627$637,2770 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2015-11-30$9.69/sh7,274$70,4850 total
    Exercise: $11.82Exp: 2022-01-24Common Stock (7,274 underlying)
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.

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, 5:36 PM ET
Size
7.3 KB