4//SEC Filing
ADAMS RUSSELL A 4
Accession 0001065407-11-000043
CIK 0001501331other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 5:51 PM ET
Size
7.1 KB
Accession
0001065407-11-000043
Insider Transaction Report
Form 4
MINDEN BANCORP, INC.MDNBD
ADAMS RUSSELL A
Director
Transactions
- Purchase
Common Stock
2011-01-04$10.00/sh+5,000$50,000→ 24,382 total
Holdings
- 4,888
Stock Option
Exercise: $8.82From: 2004-05-15Exp: 2013-05-15→ Common Stock (4,888 underlying)
Footnotes (2)
- [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]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 0001256432
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 5:51 PM ET
- Size
- 7.1 KB