Smaldino Louis P. 4
4 · Manhattan Bancorp · Filed Jan 2, 2013
Insider Transaction Report
Form 4
Smaldino Louis P.
Director
Transactions
- Purchase
Common Stock
2012-12-24$3.80/sh+2,500$9,500→ 182,989 total(indirect: By Trust)
Holdings
- 3,598(indirect: By Spouse)
Common Stock
- 26,844
Stock option (right to buy Common Stock)
Exercise: $5.55From: 2009-09-03Exp: 2019-09-03→ Common Stock (11,694 underlying)
Footnotes (3)
- [F1]Mr. Smaldino disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F2]Received in exchange for stock options to acquire shares of Professional Business Bank common stock at $10.00 per share in connection with the merger of Professional Business Bank with and into a wholly-owned subsidiary of Manhattan Bancorp, based on an exchange ratio of 1.7991 shares of Manhattan Bancorp common stock for each whole share of Professional Business Bank common stock.
- [F3]The option becomes exercisable in five equal annual installments on March 18, 2010, 2011, 2012, 2013 and 2014.