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INDEPENDENCE COMMUNITY BANK CORP·4

Jun 5, 1:09 PM ET

HAND SCOTT M 4

4 · INDEPENDENCE COMMUNITY BANK CORP · Filed Jun 5, 2006

Insider Transaction Report

Form 4
Period: 2006-05-02
INDEPENDENCE COMMUNITY BANK CORPICBC
HAND SCOTT M
Director
Transactions
  • Disposition from Tender

    Common Stock

    2006-06-01$42.00/sh−24,826$1,042,692→ 0 total
  • Expiration (Short)

    Stock Options (Right to buy)

    2006-06-01$42.00/sh−140,000$5,880,000→ 0 total
    Exercise: $13.31From: 1999-09-25Exp: 2008-09-25→ Common Stock (140,000 underlying)
  • Disposition from Tender

    Common Stock

    2006-06-01$42.00/sh−57,799$2,427,558→ 0 total(indirect: By Deferred Compensation Plan)
  • Award

    Common Stock

    2006-05-02$42.00/sh+833$34,986→ 24,826 total
  • Expiration (Short)

    Stock Options (Right to buy)

    2006-06-01$42.00/sh−3,000$126,000→ 0 total
    Exercise: $29.17From: 2003-06-27Exp: 2012-06-27→ Common Stock (3,000 underlying)
  • Expiration (Short)

    Stock Options (Right to buy)

    2006-06-01$42.00/sh−2,000$84,000→ 0 total
    Exercise: $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.

Documents

1 file
  • 4
    doc.xmlPrimary

    PRIMARY DOCUMENT