4//SEC Filing
CHESTER VALLEY BANCORP INC 4
Accession 0000950154-05-000120
CIK 0000854098operating
Filed
Sep 5, 8:00 PM ET
Accepted
Sep 6, 9:51 AM ET
Size
14.6 KB
Accession
0000950154-05-000120
Insider Transaction Report
Form 4
SEXTON MICHAEL J
VP & Controller
Transactions
- Disposition to Issuer
Stock Option
2005-08-31$8.87/sh−5,513$48,900→ 0 totalExercise: $19.03From: 2004-06-30Exp: 2013-06-30→ common stock (5,513 underlying) - Disposition to Issuer
Stock Option
2005-08-31$13.71/sh−3,039$41,665→ 0 totalExercise: $14.19From: 2001-12-20Exp: 2010-12-20→ common stock (3,039 underlying) - Disposition to Issuer
Stock Option
2005-08-31$15.56/sh−1,216$18,921→ 0 totalExercise: $12.34From: 2002-07-18Exp: 2011-07-18→ common stock (1,216 underlying) - Disposition to Issuer
Stock Option
2005-08-31$14.19/sh−6,946$98,564→ 0 totalExercise: $13.71From: 2003-06-19Exp: 2012-06-19→ common stock (6,946 underlying) - Disposition to Issuer
Common Stock
2005-08-31$27.90/sh−78$2,176→ 0 total(indirect: By Children)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger between the Issuer and Willow Grove Bancorp, Inc., (i) each share of common stock in the Issuer is converted into $27.90 in cash or, at the holder's election, 1.4823 shares of Willow Grove common stock, subject to an apportionment procedure the result of which will not be known until ten (10) days after the merger; and (ii) each outstanding option to purchase Chester Valley common stock is cancelled in exchange for a cash payment equal to $27.90 per share minus the exercise price per share, or, at the option holder's election, converted into an option to purchase Willow Grove common stock (with appropriate adjustments to the number of shares and exercise price as set forth in the Agreement and Plan of Merger).
- [F2]Exercise prices are rounded to nearest cent; number of derivative securities is rounded up to nearest whole number.
- [F3]Option vests 25% per year beginning on the date shown.
Documents
Issuer
CHESTER VALLEY BANCORP INC
CIK 0000854098
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000854098
Filing Metadata
- Form type
- 4
- Filed
- Sep 5, 8:00 PM ET
- Accepted
- Sep 6, 9:51 AM ET
- Size
- 14.6 KB