4//SEC Filing
White Andrea J 4
Accession 0000950159-09-002106
CIK 0001345622other
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 3:45 PM ET
Size
18.6 KB
Accession
0000950159-09-002106
Insider Transaction Report
Form 4
White Andrea J
Corporate Secretary
Transactions
- Disposition to Issuer
Employee Option (right to buy)
2009-11-30−2,800→ 0 totalExercise: $13.50Exp: 2018-04-15→ Common Stock (2,800 underlying) - Disposition to Issuer
Employee Option (right to buy)
2009-11-30−2,600→ 0 totalExercise: $12.75Exp: 2019-04-21→ Common Stock (2,600 underlying) - Disposition to Issuer
Employee Option (right to buy)
2009-11-30−2,400→ 0 totalExercise: $9.00Exp: 2017-04-17→ Common Stock (2,400 underlying) - Disposition to Issuer
Employee Option (right to buy)
2009-11-30−4,000→ 0 totalExercise: $10.00Exp: 2016-04-18→ Common Stock (4,000 underlying) - Disposition to Issuer
Employee Option (right to buy)
2009-11-30−3,250→ 0 totalExercise: $11.60Exp: 2021-03-22→ Common Stock (3,250 underlying) - Disposition to Issuer
Employee Option (right to buy)
2009-11-30−2,800→ 0 totalExercise: $13.00Exp: 2020-06-06→ Common Stock (2,800 underlying) - Disposition to Issuer
Employee Option (right to buy)
2009-11-30−4,500→ 0 totalExercise: $7.00Exp: 2022-05-28→ Common Stock (4,500 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger between United Financial Bancorp, Inc. and CNB Financial Corp., dated June 25, 2009, each option to purchase a share of CNB Financial Corp. Corp. was converted into the right to receive a lump sum cash payment, subject to applicable withholding taxes, equal to $10.75 less the applicable exercise price of each option. All such options became fully vested and exercisable in connection with the change in control.
- [F2]Pursuant to the Agreement and Plan of Merger between United Financial Bancorp, Inc. and CNB Financial Corp., dated June 25, 2009, each option to purchase a share of CNB Financial Corp. was converted into an option to purchase 0.8257 shares of United Financial Bancorp, Inc. common stock, rounded to the nearest share. The exercise price per share for each converted option is determined by dividing the exercise price of such converted option by the 0.8257 exchange ratio, with such quotient rounded to the nearest whole cent. All such options became fully vested and exercisable on November 30, 2009.
Documents
Issuer
CNB Financial Corp.
CIK 0001345622
Entity typeother
Related Parties
1- filerCIK 0001349714
Filing Metadata
- Form type
- 4
- Filed
- Dec 1, 7:00 PM ET
- Accepted
- Dec 2, 3:45 PM ET
- Size
- 18.6 KB