4/A//SEC Filing
COUGHEY DONNA M 4/A
Accession 0001007116-09-000002
CIK 0000702902other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 3:09 PM ET
Size
18.1 KB
Accession
0001007116-09-000002
Insider Transaction Report
Form 4/AAmended
COUGHEY DONNA M
EVP - HNC
Transactions
- Award
Common Stock
2008-12-05−8,924→ 27,703 total - Sale
Common Stock
2008-12-05−3,162→ 7,114 total(indirect: By Deferred Compensation Plan) - Award
Common Stock
2008-12-05+6,703→ 6,703 total - Disposition to Issuer
Common Stock
2008-12-05−166→ 6,266 total(indirect: By 401(k)) - Award
Stock Option (Right to Buy)
2008-12-05+1,972→ 1,972 totalExercise: $12.07From: 2008-12-05Exp: 2012-06-19→ Common Stock (1,972 underlying) - Award
Stock Option (Right to Buy)
2008-12-05+13,405→ 13,405 totalExercise: $16.76From: 2008-12-05Exp: 2013-06-30→ Common Stock (13,405 underlying) - Award
Common Stock
2008-12-05+273→ 11,752 total(indirect: By IRA)
Holdings
- 8,824(indirect: By Spouse)
Common Stock
Footnotes (7)
- [F1]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or any other purpose.
- [F2]This option, which provided for vesting in five equal annual installments beginning June 19, 2003, was assumed by HNC in the merger, adjusted pursuant to the exchange ratio of 0.73 shares of HNC common stock for each share of WFBC common stock, and replaced with an option to purchase 1,972 shares of HNC common stock for $12.07 per share.
- [F3]This option, which provided for vesting in five equal annual installments beginning June 30, 2004, was assumed by HNC in the merger, adjusted pursuant to the exchange ratio of 0.73 shares of HNC common stock for each share of WFBC common stock, and replaced with an option to purchase 13,405 shares of HNC common stock for $16.76 per share.
- [F4]Pursuant to the merger of Harleysville National Corporation (Harleysville) and Willow Financial Bancorp (Willow), all outstanding restricted stock awards of Willow fully vested upon change of control, on 12/5/2008. Shares were withheld to cover taxes. Net shares issued were subject to conversion to Harleysville shares @ 0.73 times the number of WFBC shares.
- [F5]Adjustment pursuant to the merger.
- [F6]Deferred Compensation - Sale of 3,162 shares for taxes.
- [F7]Acquired pursuant to the merger agreement between Willow Financial Bancorp, Inc. @ exchange ratio of 0.73 shares of HNC common stock for each share of WFBC common stock on the effective date of the merger.
Documents
Issuer
HARLEYSVILLE NATIONAL CORP
CIK 0000702902
Entity typeother
IncorporatedPA
Related Parties
1- filerCIK 0001235872
Filing Metadata
- Form type
- 4/A
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 3:09 PM ET
- Size
- 18.1 KB