4//SEC Filing
ABINGTON BANCORP, INC./PA 4
Accession 0001065407-07-000443
CIK 0001397533operating
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 6:41 PM ET
Size
13.4 KB
Accession
0001065407-07-000443
Insider Transaction Report
Form 4
Gormley Edward W
See Footnote (5)
Transactions
- Other
Employee Stock Option (Right to Buy)
2007-06-27+93,600→ 93,600 totalExercise: $7.51Exp: 2015-07-05→ Common Stock (93,600 underlying)
Holdings
- 63,927.088(indirect: By 401(k))
Common Stock
- 26,155
Common Stock
- 35,630(indirect: By Deferred Compensation Plan)
Common Stock
- 3,718.155(indirect: By ESOP)
Common Stock
Footnotes (4)
- [F1]Pursuant to a reorganization exempt under Rule 16b-7, each share of Abington Community Bancorp, Inc. common stock outstanding as of June 27, 2007, was automatically exchanged for 1.6 shares of common stock of a new corporation called Abington Bancorp, Inc., with fractional shares cashed out at a price of $10 per share.
- [F2]Includes 22,400 shares (as adjusted pursuant to the reorganization described in footnote (1) above) held in the 2005 Recognition and Retention Plan Trust which reflect the unvested portion of a grant amount originally covering 17,500 shares of Abington Community Bancorp, Inc. common stock that commenced vesting at a rate of 20% per year on July 5, 2006.
- [F3]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.
- [F4]Pursuant to a reorganization exempt under Rule 16b-7, each option for a share of Abington Community Bancorp, Inc. common stock as of June 27, 2007 was automatically exchanged for an option for 1.6 shares of common stock of a new corporation called Abington Bancorp, Inc. with the exercise price adjusted by a proportional amount. The options are vesting at a rate of 20% per year on July 5, 2006.
Documents
Issuer
ABINGTON BANCORP, INC./PA
CIK 0001397533
Entity typeoperating
Related Parties
1- filerCIK 0001397533
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 6:41 PM ET
- Size
- 13.4 KB