EDELSTEIN CHAIM Y 4
4 · INDEPENDENCE COMMUNITY BANK CORP · Filed Jun 5, 2006
Insider Transaction Report
Form 4
EDELSTEIN CHAIM Y
Director
Transactions
- Award
Common Stock
2006-05-02$42.00/sh+714$29,988→ 81,114 total - Expiration (Short)
Stock Options (Right to buy)
2006-06-01$42.00/sh−3,000$126,000→ 0 totalExercise: $29.17From: 2003-06-27Exp: 2012-06-27→ Common Stock (3,000 underlying) - Disposition from Tender
Common Stock
2006-06-01$42.00/sh−81,114$3,406,788→ 0 total - Expiration (Short)
Stock Options (Right to buy)
2006-06-01$42.00/sh−162,029$6,805,218→ 0 totalExercise: $13.31From: 1999-09-25Exp: 2008-09-25→ Common Stock (162,029 underlying) - Expiration (Short)
Stock Options (Right to buy)
2006-06-01$42.00/sh−2,000$84,000→ 0 totalExercise: $41.64From: 2005-12-17Exp: 2014-12-17→ Common Stock (2,000 underlying)
Footnotes (2)
- [F1]All direct and indirect holdings redeemed for cash as a result of merger between the Issuer and Sovereign Bancorp, Inc.
- [F2]All outstanding stock options cancelled and redeemed for cash as a result of the merger between the Issuer and Sovereign Bancorp, Inc.