MacNeill Harris L 4
4 · CNB Financial Corp. · Filed Dec 2, 2009
Insider Transaction Report
Form 4
MacNeill Harris L
Director
Transactions
- Disposition to Issuer
Warrant to purchase Common Stock
2009-11-30−7,500→ 0 totalExercise: $10.00From: 2001-11-19Exp: 2011-11-19→ Common Stock (5,000 underlying) - Disposition to Issuer
Common Stock
2009-11-30−16,762→ 0 total - Disposition to Issuer
Common Stock
2009-11-30−5,200→ 0 total(indirect: By Spouse)
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 share of CNB Financial Corp. common stock was exchanged for $10.75 in cash or shares of United Financial common stock, in accordance with the reporting person's election and the allocation and proration procedures contained in the Agreement and Plan of Merger.
- [F2]Pursuant to the Agreement and Plan of Merger between United Financial Bancorp, Inc. and CNB Financial Corp., dated June 25, 2009, each warrant 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 warrant.