Home/Filings/4/0000946275-05-000633
4//SEC Filing

GFSB BANCORP INC 4

Accession 0000946275-05-000633

CIK 0000942129operating

Filed

Jun 1, 8:00 PM ET

Accepted

Jun 2, 3:57 PM ET

Size

10.9 KB

Accession

0000946275-05-000633

Insider Transaction Report

Form 4
Period: 2005-05-31
HEAD WILLIAM W JR
Chief Lending Officer
Transactions
  • Disposition to Issuer

    Common Stock

    2005-05-3114,1930 total(indirect: By IRA)
  • Disposition to Issuer

    Common Stock

    2005-05-3110,8700 total(indirect: ESOP)
  • Disposition to Issuer

    Options - (Right to Buy)

    2005-05-318,906.250 total
    Exercise: $7.40Exp: 2006-01-05Common Stock (8,906.25 underlying)
  • Disposition to Issuer

    Common Stock

    2005-05-314,9780 total
Footnotes (2)
  • [F1]Disposed of pursuant to merger agreement between issuer and First Federal Banc of the Southwest, Inc. (FFBSW) in exchange for either $20.00 cash or 1.17806 shares of FFBSW.
  • [F2]This option, which provided for vesting in five equal annual installments beginning January 5, 1997, was canceled in the merger in exchange for a cash payment of $54,989.42 representing the difference between the exercise price of the option and the market value of the underlying GFSB common stock on the effective date of the merger ($20.00 per share) and in exchange for 3,371 shares of common stock of FFBSW, representing the difference between the exercise price of the option and the market value of the underlying FFBSW common stock of $16.977 on the effective date of the merger.

Issuer

GFSB BANCORP INC

CIK 0000942129

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000942129

Filing Metadata

Form type
4
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 3:57 PM ET
Size
10.9 KB