McHugh Joseph B 4
4 · ABINGTON BANCORP, INC./PA · Filed Feb 2, 2010
Insider Transaction Report
Form 4
McHugh Joseph B
Director
Transactions
- Sale
Common Stock
2010-02-01$7.14/sh−1,000$7,140→ 109,559 total
Holdings
- 48,000
Stock Option (Right to Buy)
Exercise: $7.51Exp: 2015-07-05→ Common Stock (48,000 underlying) - 60,000
Stock Option (Right to Buy)
Exercise: $9.11Exp: 2018-01-30→ Common Stock (60,000 underlying)
Footnotes (5)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F2]Includes 3,840 shares (as adjusted pursuant to the reorganization completed in June 2007) held in the 2005 Recognition and Retention Plan Trust which reflect the unvested portion of a grant amount originally covering 12,000 shares of Abington Community Bancorp, Inc. common stock that commenced vesting at a rate of 20% per year on July 5, 2006 and 15,000 shares held in the 2007 Recognition and Retention Plan Trust which reflect the unvested portion of a grant amount originally covering 25,000 shares that commenced vesting at a rate of 20% per year on January 30, 2009.
- [F3]Includes 83,413.4788 shares held jointly with the reporting person's spouse. Also includes 1,305 shares held as tenants in common with the reporting person's spouse.
- [F4]The options are vesting at a rate of 20% per year commencing on January 30, 2009.
- [F5]The options are vesting at a rate of 20% per year commencing on July 5, 2006.