4//SEC Filing
BYRD JACK E 4
Accession 0001065407-11-000041
CIK 0001501331other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 5:50 PM ET
Size
11.3 KB
Accession
0001065407-11-000041
Insider Transaction Report
Form 4
MINDEN BANCORP, INC.MDNBD
BYRD JACK E
DirectorPresident and CEO
Transactions
- Purchase
Common Stock
2011-01-04$10.00/sh+40,000$400,000→ 68,581 total - Purchase
Common Stock
2011-01-04$10.00/sh+15,000$150,000→ 15,000 total(indirect: By Spouse)
Holdings
- 2,530(indirect: By ESOP)
Common Stock
- 4,888
Stock Option
Exercise: $11.96From: 2009-04-08Exp: 2018-04-08→ Common Stock (4,888 underlying) - 20,867
Stock Option
Exercise: $6.31From: 2010-01-13Exp: 2019-01-13→ Common Stock (20,867 underlying)
Footnotes (3)
- [F1]Pursuant to a reorganization exempt under Rule 16b-7, each share of common stock of Minden Bancorp, Inc., a federal corporation, outstanding as of January 4, 2011 was automatically exchanged for 1.7427 shares of common stock of the Issuer, with fractional shares cashed out based on a price of $10.00 per share.
- [F2]Includes 8,736 shares (as adjusted pursuant to the reorganization described in footnote (1) above) held in the 2003 Amended and Restated Recognition and Retention Plan and Trust Agreement which reflects the unvested portions of two grants aggregating originally 6,546 shares of common stock of Minden Bancorp, Inc., a federal corporation, that are vesting at the rate of 20% per year commencing on April 8, 2009 and January 13, 2010, respectively.
- [F3]Pursuant to a reorganization exempt under Rule 16b-7, each outstanding option to purchase a share of common stock of Minden Bancorp, Inc., a federal corporation, outstanding as of January 4, 2011 was automatically exchanged for an option to purchase 1.7427 shares of the Issuer with the exercise price adjusted to reflect the operation of the exchange ratio. The number of shares subject to the option grant, after applying the exchange ratio, was adjusted downward to the nearest whole share while the exercise price, after applying the exchange ratio, was adjusted to the nearest whole cent. The options vest at the rate of 20% per year.
Documents
Issuer
MINDEN BANCORP, INC.
CIK 0001501331
Entity typeother
Related Parties
1- filerCIK 0000941691
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 5:50 PM ET
- Size
- 11.3 KB