Home/Filings/4/0000946275-07-000685
4//SEC Filing

SYNERGY FINANCIAL GROUP INC /NJ/ 4

Accession 0000946275-07-000685

CIK 0001263766operating

Filed

Oct 1, 8:00 PM ET

Accepted

Oct 2, 4:27 PM ET

Size

17.2 KB

Accession

0000946275-07-000685

Insider Transaction Report

Form 4
Period: 2007-10-01
MCCLOSKEY KEVIN M
Senior Vice President and COO
Transactions
  • Tax Payment

    Common stock, par value $0.10 per share

    2007-10-0118,6150 total(indirect: By LLC)
  • Disposition to Issuer

    Stock Option

    2007-10-0163,2000 total
    Exercise: $10.15Exp: 2014-08-31Common Stock (63,200 underlying)
  • Disposition to Issuer

    Common stock, par value $0.10 per share

    2007-10-01149,3500 total
  • Disposition to Issuer

    Common stock, par value $0.10 per share

    2007-10-0113,5360 total(indirect: By ESOP)
  • Disposition to Issuer

    Stock Option

    2007-10-0174,4620 total
    Exercise: $5.59Exp: 2013-04-22Common Stock (74,462 underlying)
  • Disposition to Issuer

    Common stock, par value $0.10 per share

    2007-10-018,0500 total(indirect: By 401(k))
  • Disposition to Issuer

    Common stock, par value $0.10 per share

    2007-10-0155,8460 total(indirect: By IRA)
Footnotes (7)
  • [F1]Disposed of pursuant to merger agreement between the issuer and New York Community Bancorp, Inc. ("NYB") on the effective date of the merger of the issuer into NYB in exchange for 0.80 shares of NYB common stock for each share of issuer common stock held, with cash paid in lieu of fractional NYB shares.
  • [F2]401(k) holdings as of July 27, 2007.
  • [F3]By Kevin McCloskey Family, LLC
  • [F4]Award of options on April 22, 2003 under Synergy Financial Group, Inc. 2003 Stock Option Plan. Options become first exercisable at the rate of 20% on the anniversary of the award and 20% annually thereafter.
  • [F5]The option was assumed by NYB in the merger and replaced with an option to buy 59,570 shares of NYB common stock at $6.9834 per share.
  • [F6]Award of options on August 31, 2004 under Synergy Financial Group, Inc. 2004 Stock Option Plan. Options become first exercisable at the rate of 20% on the anniversary of the award and 20% annually thereafter.
  • [F7]The option was assumed by NYB in the merger and replaced with an option to buy 50,560 shares of NYB common stock at $12.6875 per share.

Issuer

SYNERGY FINANCIAL GROUP INC /NJ/

CIK 0001263766

Entity typeoperating
IncorporatedNJ

Related Parties

1
  • filerCIK 0001263766

Filing Metadata

Form type
4
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 4:27 PM ET
Size
17.2 KB