Home/Filings/4/0001065407-03-000740
4//SEC Filing

HEEREN REID L 4

Accession 0001065407-03-000740

CIK 0001236964other

Filed

Nov 3, 7:00 PM ET

Accepted

Nov 4, 7:13 PM ET

Size

14.9 KB

Accession

0001065407-03-000740

Insider Transaction Report

Form 4
Period: 2003-10-31
HEEREN REID L
EVP & Chief Financial Officer
Transactions
  • Award

    Common Stock

    2003-10-31+1,7051,705 total(indirect: By Spouse)
  • Award

    Common Stock

    2003-10-31+51,52651,526 total(indirect: By ESOP)
  • Award

    Employee Stock Option (right to buy)

    2003-10-31+11,10011,100 total
    Exercise: $6.44Exp: 2013-01-16Common Stock (11,100 underlying)
  • Award

    Employee Stock Option (right to buy)

    2003-10-31+10,19710,197 total
    Exercise: $4.27Exp: 2011-01-19Common Stock (10,197 underlying)
  • Award

    Common Stock

    2003-10-31+21,15221,152 total
  • Award

    Employee Stock Option (right to buy)

    2003-10-31+9,7139,713 total
    Exercise: $5.78Exp: 2012-01-17Common Stock (9,713 underlying)
  • Award

    Employee Stock Option (right to buy)

    2003-10-31+14,16714,167 total
    Exercise: $4.98Exp: 2007-06-12Common Stock (14,167 underlying)
Footnotes (9)
  • [F1]Received in exchange for 5,717 shares of First Colonial Group, Inc. ("First Colonial") common stock in connection with the merger of First Colonial into KNBT Bancorp, Inc. (the "Merger"). On the effective date of the Merger, the closing price of First Colonial's common stock was $63.35 per share and market value of the Issuer's common stock was $10.00 per share.
  • [F2]Received in exchange for 13,926 shares of First Colonial Group, Inc. ("First Colonial") common stock in connection with the merger of First Colonial into KNBT Bancorp, Inc. (the "Merger"). On the effective date of the Merger, the closing price of First Colonial's common stock was $63.35 per share and market value of the Issuer's common stock was $10.00 per share.
  • [F3]The shares are held in the First Colonial employee stock ownership plan. Such plan will be terminated and the shares held thereby distributed to participants upon receipt of a qualified determination letter.
  • [F4]Received in exchange for 461 shares of First Colonial Group, Inc. ("First Colonial") common stock in connection with the merger of First Colonial into KNBT Bancorp, Inc. (the "Merger"). On the effective date of the Merger, the closing price of First Colonial's common stock was $63.35 per share and market value of the Issuer's common stock was $10.00 per share.
  • [F5]Received in the Merger in exchange for a stock option to acquire 3,829 shares of First Colonial common stock for $18.4129 per share which became exercisable as a result of First Colonial entering into the merger agreement in March 2003.
  • [F6]Received in the Merger in exchange for a stock option to acquire 3,829 shares of First Colonial common stock for $28.9905 per share which became exercisable as a result of First Colonial entering into the merger agreement in March 2003.
  • [F7]Received in the Merger in exchange for a stock option to acquire 2,756 shares of First Colonial common stock for $15.8005 per share which became exercisable as a result of First Colonial entering into the merger agreement in March 2003.
  • [F8]Received in the Merger in exchange for a stock option to acquire 2,625 shares of First Colonial common stock for $21.3810 per share which became exercisable as a result of First Colonial entering into the merger agreement in March 2003.
  • [F9]Received in the Merger in exchange for a stock option to acquire 3,000 shares of First Colonial common stock for $23.8300 per share which became exercisable as a result of First Colonial entering into the merger agreement in March 2003.

Issuer

KNBT BANCORP INC

CIK 0001236964

Entity typeother

Related Parties

1
  • filerCIK 0001247009

Filing Metadata

Form type
4
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 7:13 PM ET
Size
14.9 KB