MCGOVERN ROBERT M 4
4 · FIRST COLONIAL GROUP INC · Filed Nov 3, 2003
Insider Transaction Report
Form 4
MCGOVERN ROBERT M
EVP and Senior Trust Officer
Transactions
- Disposition to Issuer
Common Stock
2003-10-31−1,051→ 0 total - Disposition to Issuer
Common Stock
2003-10-31−1,109→ 0 total(indirect: By ESOP) - Disposition to Issuer
Employee stock option (right to buy)
2003-10-31−2,500→ 0 totalExercise: $23.83Exp: 2013-01-16→ Common Stock (2,500 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
Employee stock option (right to buy)
2003-10-31−2,756→ 0 totalExercise: $15.80Exp: 2011-01-19→ Common Stock (2,756 underlying)
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 3,888 shares of common stock of KNBT Bancorp, Inc. ("KNBT"), Keystone's holding company. The market value of the KNBT shares was $10 per share on the effective date of the merger.
- [F2]Disposed of pursuant to the merger agreement between the Issuer and Keystone in exchange for 4,103 shares of common stock of KNBT having a market value of $10 per share on the effective date of the merger.
- [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 10,197 shares of KNBT common stock at $4.2704 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 9,713 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 9,250 shares of KNBT common stock at $6.4405 per share.