HARLEYSVILLE NATIONAL CORP 4
4 · HARLEYSVILLE NATIONAL CORP · Filed Apr 12, 2010
Insider Transaction Report
Form 4
MCERLANE JAMES E
Director
Transactions
- Disposition to Issuer
Common Stock
2010-04-09−341,821→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2010-04-09−6,576→ 0 totalExercise: $12.07From: 2008-12-05Exp: 2012-06-19→ Common Stock (6,576 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-04-09−3,131→ 0 totalExercise: $16.76From: 2008-12-05Exp: 2013-06-30→ Common Stock (3,131 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-04-09−2,762→ 0 totalExercise: $10.56From: 2008-12-05Exp: 2011-09-18→ Common Stock (2,762 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to merger agreement between issuer and First Niagara Financial Group, Inc. in exchange for 162,023 shares of First Niagara common stock having a market value of $14.72 per share on the effective date of the merger and cash of $2.27 in lieu of fractional shares.
- [F2]This option was assumed by First Niagara in the merger and replaced with an option to purchase 1,309 shares of First Niagara common stock for $22.28 per share.
- [F3]This option was assumed by First Niagara in the merger and replaced with an option to purchase 3,117 shares of First Niagara common stock for $25.46 per share.
- [F4]This option was assumed by First Niagara in the merger and replaced with an option to purchase 1,484 shares of First Niagara common stock for $35.36 per share.