4//SEC Filing
GFSB BANCORP INC 4
Accession 0000946275-05-000634
CIK 0000942129operating
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 4:02 PM ET
Size
15.1 KB
Accession
0000946275-05-000634
Insider Transaction Report
Form 4
GFSB BANCORP INCGUPB
PARKER CHARLES L JR
Director
Transactions
- Disposition to Issuer
Options (Right to Buy)
2005-05-31−7,623.75→ 0 totalExercise: $7.40Exp: 2006-01-05→ Common Stock (7,623.75 underlying) - Disposition to Issuer
Common Stock
2005-05-31−4,200→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2005-05-31−40,548→ 0 total - Disposition to Issuer
Common Stock
2005-05-31−4,000→ 0 total(indirect: By Trust) - Disposition to Issuer
Options (Right to Buy)
2005-05-31−1,644.25→ 0 totalExercise: $11.00From: 2000-04-28Exp: 2010-04-28→ Common Stock (1,644.25 underlying) - Disposition to Issuer
Common Stock
2005-05-31−57,500→ 0 total(indirect: By Spouse)
Footnotes (3)
- [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 $47,082.46 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 2,885 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.
- [F3]This option was canceled in the merger in exchange for a cash payment of $7,252.64, 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 443 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.
Documents
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, 4:02 PM ET
- Size
- 15.1 KB