Schmidt Erica B. 4
4 · Mid-Southern Bancorp, Inc. · Filed Jul 12, 2018
Insider Transaction Report
Form 4
Schmidt Erica B.
Executive VP and CFO
Transactions
- Award
Employee stock option (right to buy)
2018-07-11+234→ 234 totalExercise: $5.16From: 2018-07-11Exp: 2021-04-26→ Common Stock (234 underlying) - Purchase
Common Stock, par value $0.01 per share
2018-07-11$10.00/sh+1,000$10,000→ 1,234 total
Footnotes (2)
- [F1]Includes 234 shares which were converted from shares of common stock of Mid-Southern Savings Bank, FSB ("Bank") to shares of common stock of Mid-Southern Bancorp, Inc. ("Company") in connection with the mutual-to-stock conversion of Mid-Southern, M.H.C. and Mid-Southern Savings Bank, FSB which was completed on July 11, 2018. As part of the conversion, each existing share of Bank common stock held by public stockholders was converted into 2.3462 shares of Company common stock.
- [F2]Represents an award of stock options originally made to the employee on April 26, 2011 to purchase shares of Mid-Southern Savings Bank, FSB. Pursuant to the mutual-to-stock conversion of Mid-Southern, M.H.C. and Mid-Southern Savings Bank, FSB these options were converted into options to purchase shares of common stock of Mid-Southern Bancorp, Inc.