STEVENS RICHARD III 4
4 · FIRST COLONIAL GROUP INC · Filed Nov 3, 2003
Insider Transaction Report
Form 4
STEVENS RICHARD III
Director
Transactions
- Disposition to Issuer
Director stock option (right to buy)
2003-10-31−1,050→ 0 totalExercise: $21.38Exp: 2012-01-17→ Common Stock (1,050 underlying) - Disposition to Issuer
Director stock option (right to buy)
2003-10-31−1,000→ 0 totalExercise: $23.83Exp: 2013-01-16→ Common Stock (1,000 underlying) - Disposition to Issuer
Director stock option (right to buy)
2003-10-31−1,477→ 0 totalExercise: $18.22Exp: 2009-05-03→ Common Stock (1,477 underlying) - Disposition to Issuer
Director stock option (right to buy)
2003-10-31−2,205→ 0 totalExercise: $15.80Exp: 2011-06-21→ Common Stock (2,205 underlying) - Disposition to Issuer
Common Stock
2003-10-31−2,856→ 0 total
Footnotes (5)
- [F1]Disposed of pursuant to the merger agreement between First Colonial Group, Inc. (the "Issuer") and Keystone Savings Bank ("Keystone") in exchange for 10,567 shares of common stock of KNBT Bancorp, Inc. ("KNBT"), Keystone's holding company. The market value of the KNBT shares on the effective date of the merger was $10 per share.
- [F2]This option, which became immediately exercisable as a result of the Issuer entering into the merger agreement with Keystone in March 2003, was assumed by KNBT in the merger and replaced with an option to purchase 5,465 shares of KNBT common stock at $4.9235 per share.
- [F3]This option, which became immediately exercisable as a result of the Issuer entering into the merger agreement with Keystone in March 2003, was assumed by KNBT in the merger and replaced with an option to purchase 8,159 shares of KNBT common stock at $4.2703 per share.
- [F4]This option, which became immediately exercisable as a result of the Issuer entering into the merger agreement with Keystone in March 2003, was assumed by KNBT in the merger and replaced with an option to purchase 3,885 shares of KNBT common stock at $5.7786 per share.
- [F5]This option, which became immediately exercisable as a result of the Issuer entering into the merger agreement with Keystone in March 2003, was assumed by KNBT in the merger and replaced with an option to purchase 3,700 shares of KNBT common stock at $6.4405 per share.