4//SEC Filing
Kovalcheck Frank 4
Accession 0001065407-11-000718
CIK 0001397533other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 5:31 PM ET
Size
20.6 KB
Accession
0001065407-11-000718
Insider Transaction Report
Form 4
Kovalcheck Frank
Senior Vice President
Transactions
- Other
Common Stock
2011-10-01$5.46/sh−2,617$14,289→ 7,501.096 total(indirect: By Deferred Compensation Plan) - Disposition to Issuer
Common Stock
2011-10-01−15,691→ 0 total(indirect: By Spouse) - Disposition to Issuer
Common Stock
2011-10-01−12,306.539→ 0 total(indirect: By ESOP) - Other
Common Stock
2011-10-01$5.46/sh−4,270$23,314→ 47,340 total - Disposition to Issuer
Common Stock
2011-10-01−47,340→ 0 total - 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) - Disposition to Issuer
Common Stock
2011-10-01−7,501.096→ 0 total(indirect: By Deferred Compensation Plan) - Disposition to Issuer
Common Stock
2011-10-01−14,439.15→ 0 total(indirect: By 401(k)) - 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 (12)
- [F1]Disposition to the Issuer solely to meet tax obligation for distribution from the 2007 Recognition and Retention Plan Trust.
- [F10]Disposed of pursuant to merger agreement between issuer and SUSQ in exchange for 19,059 shares of SUSQ common stock having a market value of $5.46 per share on the effective date of the merger.
- [F11]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.
- [F12]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 12,288 shares held jointly with the reporting person's spouse.
- [F3]Disposed of pursuant to merger agreement between issuer and Susquehanna Bancshares, Inc. ("SUSQ") in exchange for 62,488 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 plans.
- [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 9,901 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 20,712 shares of SUSQ common stock having a market value of $5.46 per share on the effective date of the merger.
- [F8]Disposed of pursuant to merger agreement between issuer and SUSQ in exchange for 16,244 shares of SUSQ common stock having a market value of $5.46 per share on the effective date of the merger.
- [F9]Includes shares allocated to the reporting person's accounts in the 401(k) Plan and ESOP since the last filed report.
Documents
Issuer
ABINGTON BANCORP, INC./PA
CIK 0001397533
Entity typeother
Related Parties
1- filerCIK 0001310546
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 5:31 PM ET
- Size
- 20.6 KB