Kovalcheck Frank 4
4 · ABINGTON BANCORP, INC./PA · Filed Feb 2, 2011
Insider Transaction Report
Form 4
Kovalcheck Frank
Senior Vice President
Transactions
- Tax Payment
Common Stock
2011-01-30$12.45/sh−2,320$28,884→ 51,610 total
Holdings
- 9,857(indirect: By Deferred Compensation Plan)
Common Stock
- 93,600
Employee Stock Option (Right to Buy)
Exercise: $7.51From: 2010-07-05Exp: 2015-07-05→ Common Stock (93,600 underlying) - 15,691(indirect: By Spouse)
Common Stock
- 14,040(indirect: By 401(k))
Common Stock
- 10,102(indirect: By ESOP)
Common Stock
- 105,000
Employee Stock Option (Right to Buy)
Exercise: $9.11Exp: 2018-01-30→ Common Stock (105,000 underlying)
Footnotes (6)
- [F1]Disposition solely to meet tax obligation for distribution from recognition and retention plan.
- [F2]Includes 12,600 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 12,288 shares held jointly with the reporting person's spouse.
- [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]The options are vesting at a rate of 20% per year commencing on January 30, 2009.
- [F6]The options vested at a rate of 20% per year commencing on July 5, 2006.