4//SEC Filing
FIRST NIAGARA FINANCIAL GROUP INC 4
Accession 0001051741-16-000452
CIK 0001051741operating
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 2:03 PM ET
Size
8.1 KB
Accession
0001051741-16-000452
Insider Transaction Report
Form 4
BOWERS G THOMAS
DirectorOther
Transactions
- Disposition to Issuer
Common Stock
2016-08-01−158,950→ 0 total - Disposition to Issuer
Dividend Equivalent Units (deu)
2016-08-01−8,968.08→ 0 total→ Common Stock (8,968.08 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger by and among issuer and KeyCorp dated October 30, 2015 (the "Merger Agreement"), pursuant to which issuer was merged with and into KeyCorp, effective August 1, 2016 (the "Merger"). Pursuant to the Merger, each issued and outstanding share of issuer common stock was exchanged for 0.68 shares of KeyCorp common stock and $2.30 of cash. As a result of the Merger, the reporting person no longer beneficially owns directly or indirectly any shares of issuer common stock.
- [F2]Each unvested issuer restricted stock award was converted into a number of whole shares (rounded down to the nearest whole share) of KeyCorp common stock equal to (i) the amount of issuer common stock underlying such restricted stock award multiplied by (ii) 0.88. Each unvested issuer restricted stock unit award was converted into a KeyCorp restricted stock unit for a number of whole shares (rounded down to the nearest whole share) of KeyCorp common stock equal to (i) the amount of issuer common stock underlying such restricted stock unit award multiplied by (ii) 0.88.
- [F3]DEUs have no exercise price.
- [F4]Disposed of pursuant to Merger Agreement between issuer and KeyCorp in exchange for 7,891 dividend equivalent units of KeyCorp.
- [F5]DEUs have no expiration date.
Documents
Issuer
FIRST NIAGARA FINANCIAL GROUP INC
CIK 0001051741
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001051741
Filing Metadata
- Form type
- 4
- Filed
- Aug 1, 8:00 PM ET
- Accepted
- Aug 2, 2:03 PM ET
- Size
- 8.1 KB