DEFAZIO JOSEPH C 4
4 · PARKVALE FINANCIAL CORP · Filed Jan 4, 2012
Insider Transaction Report
Form 4
DEFAZIO JOSEPH C
VP, Treasurer
Transactions
- Disposition to Issuer
Common Stock
2012-01-01−5,801→ 0 total - Disposition to Issuer
Common Stock
2012-01-01−18,716.4→ 0 total(indirect: By Parkvale ESOP) - Disposition to Issuer
Stock Option (Right to Buy)
2012-01-01−4,000→ 0 totalExercise: $23.00From: 2003-01-03Exp: 2012-12-19→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2012-01-01−3,000→ 0 totalExercise: $26.45Exp: 2017-12-20→ Common Stock (3,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2012-01-01−1,000→ 0 totalExercise: $12.97From: 2008-12-18Exp: 2018-12-18→ Common Stock (1,000 underlying) - Disposition to Issuer
Common Stock
2012-01-01−2,625→ 0 total(indirect: By Children)
Footnotes (6)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger Between F.N.B. Corporation ("FNB") and the Issuer dated as of June 15, 2011 ("Merger Agreement") in exchange for 12,634 shares of FNB common stock having a market value of $11.31 per share on the effective date of the merger.
- [F2]Disposed of pursuant to the Merger Agreement in exchange for 40,764 shares of FNB common stock having a market value of $11.31 per share on the effective date of the merger.
- [F3]Disposed of pursuant to the Merger Agreement in exchange for 5,717 shares of FNB common stock having a market value of $11.31 per share on the effective date of the merger.
- [F4]This option was assumed by FNB in the merger and replaced with an option to purchase 8,712 shares of FNB common stock for $10.56 per share.
- [F5]This option, which provided for vesting in three equal annual installments beginning December 21, 2007, was assumed by FNB in the merger and replaced with an option to purchase 6,534 shares of FNB common stock for $12.15 per share.
- [F6]This option was assumed by FNB in the merger and replaced with an option to purchase 2,178 shares of FNB common stock for $5.96 per share.