4//SEC Filing
HUGHES DAVID W 4
Accession 0000950159-03-000877
CIK 0000714719other
Filed
Nov 2, 7:00 PM ET
Accepted
Nov 3, 2:38 PM ET
Size
14.5 KB
Accession
0000950159-03-000877
Insider Transaction Report
Form 4
HUGHES DAVID W
EVP, Mktg & Branch Admin
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2003-10-31−2,756→ 0 totalExercise: $15.80Exp: 2011-06-21→ Common Stock (2,756 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-10-31−2,625→ 0 totalExercise: $21.38Exp: 2012-01-17→ Common Stock (2,625 underlying) - Disposition to Issuer
Common Stock
2003-10-31−178→ 0 total(indirect: By ESOP) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-10-31−3,000→ 0 totalExercise: $23.83Exp: 2013-01-16→ Common Stock (3,000 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the merger agreement between First Colonial Group, Inc. (the "Issuer") and Keystone Savings Bank ("Keystone") in exchange for 658 shares of 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 10,197 shares of KNBT common stock at $4.2703 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 9,713 shares of KNBT common stock at $5.7786 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 11,100 shares of KNBT common stock at $6.4405 per share.
Documents
Issuer
FIRST COLONIAL GROUP INC
CIK 0000714719
Entity typeother
Related Parties
1- filerCIK 0001247013
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 7:00 PM ET
- Accepted
- Nov 3, 2:38 PM ET
- Size
- 14.5 KB