4//SEC Filing
Sandoski Jack J 4
Accession 0001065407-11-000716
CIK 0001397533other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 5:29 PM ET
Size
19.0 KB
Accession
0001065407-11-000716
Insider Transaction Report
Form 4
Sandoski Jack J
SVP & Chief Financial Officer
Transactions
- Other
Common Stock
2011-10-01$5.46/sh−5,665$30,931→ 55,920 total - Disposition to Issuer
Common Stock
2011-10-01−55,920→ 0 total - Disposition to Issuer
Common Stock
2011-10-01−48,005.323→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2011-10-01−93,600→ 0 totalExercise: $7.51From: 2010-07-05Exp: 2015-07-05→ Common Stock (93,600 underlying) - Other
Common Stock
2011-10-01$5.46/sh−14,644$79,956→ 27,219.09 total(indirect: By Deferred Compensation Plan) - Disposition to Issuer
Common Stock
2011-10-01−14,235.494→ 0 total(indirect: By ESOP) - Disposition to Issuer
Common Stock
2011-10-01−27,219.09→ 0 total(indirect: By Deferred Compensation Plan) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2011-10-01−105,000→ 0 totalExercise: $9.11Exp: 2018-01-30→ Common Stock (105,000 underlying)
Footnotes (11)
- [F1]Disposition to the Issuer solely to meet tax obligation for distribution from the 2007 Recognition and Retention Plan Trust.
- [F10]This option, which provided for vesting in five equal annual installments beginning January 30, 2009, was assumed by SUSQ in the merger and replaced with an option to purchase 138,600 shares of SUSQ common stock for $6.91 per share.
- [F11]This option, which provided for vesting in five equal annual installments beginning July 5, 2006, was assumed by SUSQ in the merger and replaced with an option to purchase 123,552 shares of SUSQ common stock for $5.69 per share.
- [F2]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.
- [F3]Disposed of pursuant to merger agreement between issuer and Susquehanna Bancshares, Inc. ("SUSQ") in exchange for 73,814 shares of SUSQ common stock having a market value of $5.46 per share on the effective date of the merger.
- [F4]Disposition to the Issuer solely to meet tax obligation for distribution from deferred compensation plan.
- [F5]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.
- [F6]Disposed of pursuant to merger agreement between issuer and SUSQ in exchange for 35,929 shares of SUSQ common stock having a market value of $5.46 per share on the effective date of the merger.
- [F7]Disposed of pursuant to merger agreement between issuer and SUSQ in exchange for 63,367 shares of SUSQ common stock having a market value of $5.46 per share on the effective date of the merger.
- [F8]Includes shares allocated to the reporting person's 401(k) Plan and ESOP accounts since the last filed report.
- [F9]Disposed of pursuant to merger agreement between issuer and SUSQ in exchange for 138,600 shares of SUSQ common stock having a market value of $5.46 per share on the effective date of the merger.
Documents
Issuer
ABINGTON BANCORP, INC./PA
CIK 0001397533
Entity typeother
Related Parties
1- filerCIK 0001310543
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 5:29 PM ET
- Size
- 19.0 KB