Home/Filings/4/0001065407-07-000359
4//SEC Filing

WILLOW FINANCIAL BANCORP, INC. 4

Accession 0001065407-07-000359

CIK 0001163428operating

Filed

May 31, 8:00 PM ET

Accepted

Jun 1, 3:42 PM ET

Size

15.6 KB

Accession

0001065407-07-000359

Insider Transaction Report

Form 4
Period: 2007-05-30
CROWLEY JOSEPH T
Chief Financial Officer
Transactions
  • Purchase

    Common Stock

    2007-05-31$11.66/sh+139$1,62112,336 total
  • Purchase

    Common Stock

    2007-05-30$11.56/sh+1,000$11,56011,836 total
  • Purchase

    Common Stock

    2007-05-31$11.65/sh+361$4,20712,197 total
Holdings
  • Common Stock

    (indirect: By Deferred Compensation Plan)
    2,193
  • Common Stock

    (indirect: By 401(k))
    7,896.705
  • Common Stock

    (indirect: By First Financial Bank ESOP)
    49
  • Common Stock

    (indirect: By Spouse)
    136
  • Common Stock

    (indirect: By Children)
    161
  • Stock Option (Right to Buy)

    Exercise: $14.50Exp: 2016-01-03Common Stock (525 underlying)
    525
Footnotes (7)
  • [F1]On January 23, 2007, the Issuer declared a 5% stock dividend, payable on February 23, 2007 to all holders of record of common stock on February 9, 2007. As a result, the reporting person received .05 shares of Issuer common stock for each share held as of February 9, 2007.
  • [F2]Includes 4,290 shares granted pursuant to the 2005 Recognition and Retention Plan ("RRP") which reflect the unvested portion of a grant amount originally covering 6,129 shares that commenced vesting at a rate of 33.33% per year on January 6, 2007, and was adjusted for the stock dividend. Also includes the grant of 5,690 shares pursuant to the RRP that vest over three years at 33.33% per year commencing on January 5, 2008 that originally represented a grant of 5,419 shares which have been adjusted for the stock dividend.
  • [F3]Includes shares acquired under the Issuer's 401(k) plan since the date of the reporting person's last ownership report.
  • [F4]The 49 shares are held in the First Financial Bank Employee Stock Ownership Plan ("ESOP"). Such plan will be terminated and the shares held thereby distributed to participants upon receipt of a qualified determination letter. Does not reflect final allocation of shares held in such ESOP.
  • [F5]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 these securities for purposes of Section 16 or for any other purpose.
  • [F6]This option was previously reported as an option for 500 shares of common stock at an exercise price of $15.22 per share, but was adjusted to reflect the stock dividend declared on January 23, 2007.
  • [F7]The options vest at a rate of 20% per year beginning on the first anniversary of the date of grant.

Issuer

WILLOW FINANCIAL BANCORP, INC.

CIK 0001163428

Entity typeoperating
IncorporatedPA

Related Parties

1
  • filerCIK 0001163428

Filing Metadata

Form type
4
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 3:42 PM ET
Size
15.6 KB