Home/Filings/4/0001065407-07-000452
4//SEC Filing

ABINGTON BANCORP, INC./PA 4

Accession 0001065407-07-000452

CIK 0001397533operating

Filed

Jun 28, 8:00 PM ET

Accepted

Jun 29, 7:04 PM ET

Size

11.8 KB

Accession

0001065407-07-000452

Insider Transaction Report

Form 4
Period: 2007-06-27
Transactions
  • Purchase

    Common Stock

    2007-06-27$10.00/sh+1,000$10,0001,000 total
  • Other

    Stock Option (Right to Buy)

    2007-06-27+6,4006,400 total
    Exercise: $10.18Exp: 2016-11-17Common Stock (6,400 underlying)
Holdings
  • Common Stock

    (indirect: By IRA)
    1,649
Footnotes (2)
  • [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]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 November 17, 2007.

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, 7:04 PM ET
Size
11.8 KB