Sandoski Jack J 4

4 · ABINGTON BANCORP, INC./PA · Filed Jul 7, 2009

Form 4

Period: 2009-07-05

SVP & Chief Financial Officer

Transactions

Holdings

Common Stock
(indirect: By 401(k))
48,005
Common Stock
(indirect: By ESOP)
9,132
Employee Stock Option (Right to Buy)
Exercise: $9.11Exp: 2018-01-30→ Common Stock (105,000 underlying)
105,000
Employee Stock Option (Right to Buy)
Exercise: $7.51Exp: 2007-06-27→ Common Stock (93,600 underlying)
93,600
Common Stock
(indirect: By Deferred Compensation Plan)
36,461

Footnotes (7)

[F1]Disposition solely to meet tax obligation for distribution from recognition and retention plan.
[F2]Includes 5,600 shares held in the 2005 Recognition and Retention Plan Trust which reflect the unvested portion of a grant amount originally covering 28,000 shares of Abington Community Bancorp, Inc. common stock, as adjusted for the reorganization completed on June 27, 2007, that commenced vesting at a rate of 20% per year on July 5, 2006 and 25,200 shares held in the 2007 Recognition and Retention Plan Trust which reflect the unvested portion of a grant amount originally covering 31,500 shares that commenced vesting at a rate of 20% per year on January 30, 2009.
[F3]Includes 16,000 shares held by the reporting person's mother for whom he has power of attorney and over which he disclaims beneficial ownership.
[F4]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.
[F5]Includes 2,530 shares allocated to the reporting person's account in the ESOP since the last filed report.
[F6]The options are vesting at a rate of 20% per year commencing on January 30, 2009.
[F7]The options are vesting at a rate of 20% per year commencing on July 5, 2006.

Documents

1 file