Home/Filings/4/0000950159-09-002108
4//SEC Filing

Anderson Kimberly M 4

Accession 0000950159-09-002108

CIK 0001345622other

Filed

Dec 1, 7:00 PM ET

Accepted

Dec 2, 3:46 PM ET

Size

12.5 KB

Accession

0000950159-09-002108

Insider Transaction Report

Form 4
Period: 2009-11-30
Anderson Kimberly M
Corporate Secretary
Transactions
  • Disposition to Issuer

    Employee Option (right to buy)

    2009-11-307000 total
    Exercise: $12.75Exp: 2019-04-21Common Stock (700 underlying)
  • Disposition to Issuer

    Employee Option (right to buy)

    2009-11-301,4000 total
    Exercise: $7.00Exp: 2022-05-28Common Stock (1,400 underlying)
  • Disposition to Issuer

    Employee Option (right to buy)

    2009-11-301,1500 total
    Exercise: $11.60Exp: 2021-03-22Common Stock (1,150 underlying)
  • Disposition to Issuer

    Employee Option (right to buy)

    2009-11-301,0000 total
    Exercise: $13.00Exp: 2020-06-06Common Stock (1,000 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.

Issuer

CNB Financial Corp.

CIK 0001345622

Entity typeother

Related Parties

1
  • filerCIK 0001463976

Filing Metadata

Form type
4
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 3:46 PM ET
Size
12.5 KB