4//SEC Filing
HUGHES DAVID W 4
Accession 0001065407-03-000741
CIK 0001236964other
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 7:15 PM ET
Size
9.3 KB
Accession
0001065407-03-000741
Insider Transaction Report
Form 4
KNBT BANCORP INCKNBT
HUGHES DAVID W
See Footnote (6)
Transactions
- Award
Employee Stock Option (right to buy)
2003-10-31+10,197→ 10,197 totalExercise: $4.27Exp: 2011-06-21→ Common Stock (10,197 underlying) - Award
Employee Stock Option (right to buy)
2003-10-31+11,100→ 11,100 totalExercise: $6.44Exp: 2013-01-16→ Common Stock (11,100 underlying) - Award
Employee Stock Option (right to buy)
2003-10-31+9,713→ 9,713 totalExercise: $5.78Exp: 2012-01-17→ Common Stock (9,713 underlying) - Award
Common Stock
2003-10-31+658→ 658 total(indirect: By ESOP)
Footnotes (5)
- [F1]Received in exchange for 178 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]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.
- [F3]Received in the Merger in exchange for a stock option to acquire 2,756 shares of First Colonial common stock for $15.8000 per share which became exercisable as a result of First Colonial entering into the merger agreement in March 2003.
- [F4]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.
- [F5]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.
Documents
Issuer
KNBT BANCORP INC
CIK 0001236964
Entity typeother
Related Parties
1- filerCIK 0001247013
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 7:15 PM ET
- Size
- 9.3 KB