Czerwonka Michael F III 4
4 · ABINGTON BANCORP, INC./PA · Filed Oct 4, 2011
Insider Transaction Report
Form 4
Czerwonka Michael F III
Director
Transactions
- Disposition to Issuer
Common Stock
2011-10-01−6,120→ 0 total(indirect: By IRA) - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-01−60,000→ 0 totalExercise: $9.11Exp: 2018-01-30→ Common Stock (60,000 underlying) - Disposition to Issuer
Common Stock
2011-10-01−38,400→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2011-10-01−48,000→ 0 totalExercise: $7.51From: 2010-07-05Exp: 2015-07-05→ Common Stock (48,000 underlying) - Disposition to Issuer
Common Stock
2011-10-01−25,600→ 0 total(indirect: By Spouse)
Footnotes (6)
- [F1]Includes 14,000 shares held jointly with the reporting person's spouse.
- [F2]Disposed of pursuant to merger agreement between issuer and Susquehanna Bancshares, Inc. ("SUSQ") in exchange for 50,688 shares of SUSQ common stock having a market value of $5.46 per share on the effective date of the merger.
- [F3]Disposed of pursuant to merger agreement between issuer and SUSQ in exchange for 8,078 shares of SUSQ common stock having a market value of $5.46 per share on the effective date of the merger.
- [F4]Disposed of pursuant to merger agreement between issuer and SUSQ in exchange for 33,792 shares of SUSQ common stock having a market value of $5.46 per share on the effective date of the merger.
- [F5]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 79,200 shares of SUSQ common stock for $6.91 per share.
- [F6]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 63,360 shares of SUSQ common stock for $5.69 per share.