WOOLFOLK MICHAEL L 4
4 · HOPFED BANCORP INC · Filed Jul 29, 2019
Insider Transaction Report
Form 4
WOOLFOLK MICHAEL L
Chief Operations Officer
Transactions
- Other
Common Stock
2019-06-27−6,095→ 0 total(indirect: ESOP) - Tax Payment
Common Stock
2019-07-26$19.15/sh−1,004$19,227→ 57,330 total - Other
Common Stock
2019-06-27−57,330→ 0 total - Other
Common Stock
2019-06-27−171→ 0 total(indirect: By Children)
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of January 7, 2019, by and between First Financial Corporation ("First Financial") and HopFed Bancorp Inc. ("HopFed"). HopFed merged with and into First Financial, with First Financial continuing as the surviving entity (the "Merger"). At the effective time of the Merger on July 27, 2019 (the "Effective Time"), each share of HopFed common stock issued and outstanding immediately prior to such time was converted into the right to receive either $21 per share in cash or 0.444 shares of First Financial common stock, subject to an election and allocation procedure whereby 50% of such HopFed shares will be exchanged for cash and the balance will be exchanged for First Financial common stock.
- [F2]Tax withholding of shares associated with the accelerated vesting of prior restricted stock awards.