Trifari Christine 4

Accession 0000950159-09-002116

CIK 0001345622other

Filed

Dec 1, 7:00 PM ET

Accepted

Dec 2, 3:49 PM ET

Size

20.4 KB

Accession

0000950159-09-002116

Form 4

Period: 2009-11-30

Corporate Secretary

Transactions

Disposition to Issuer
Employee Option (right to buy)
2009-11-30−3,850→ 0 total
Exercise: $11.60Exp: 2021-03-22→ Common Stock (3,850 underlying)
Disposition to Issuer
Employee Option (right to buy)
2009-11-30−2,400→ 0 total
Exercise: $9.00Exp: 2017-04-17→ Common Stock (2,400 underlying)
Disposition to Issuer
Common Stock
2009-11-30−3,750→ 0 total
Disposition to Issuer
Employee Option (right to buy)
2009-11-30−4,500→ 0 total
Exercise: $7.00Exp: 2022-05-28→ Common Stock (4,500 underlying)
Disposition to Issuer
Employee Option (right to buy)
2009-11-30−5,500→ 0 total
Exercise: $10.00Exp: 2016-04-18→ Common Stock (5,500 underlying)
Disposition to Issuer
Employee Option (right to buy)
2009-11-30−3,200→ 0 total
Exercise: $13.50Exp: 2018-04-15→ Common Stock (3,200 underlying)
Disposition to Issuer
Employee Option (right to buy)
2009-11-30−3,200→ 0 total
Exercise: $12.75Exp: 2019-04-21→ Common Stock (3,200 underlying)
Disposition to Issuer
Employee Option (right to buy)
2009-11-30−3,500→ 0 total
Exercise: $13.00Exp: 2020-06-06→ Common Stock (3,500 underlying)

Footnotes (3)

[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 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.
[F3]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

1 file

CNB Financial Corp.

CIK 0001345622

Entity typeother