4//SEC Filing
ADAMS MARY PAT 4
Accession 0001123292-13-000620
CIK 0000796317other
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 7:07 PM ET
Size
8.1 KB
Accession
0001123292-13-000620
Insider Transaction Report
Form 4
ADAMS MARY PAT
Director
Transactions
- Disposition to Issuer
Common Stock
2013-03-08−91,917→ 0 total(indirect: By Trust) - Disposition to Issuer
Stock Unit
2013-03-08−28,142.194→ 0 total→ Common Stock (28,142.194 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of October 7, 2012 (the "Merger Agreement"), between Alliance Financial Corporation ("Alliance") and NBT Bancorp Inc. ("NBT"). Pursuant to the Merger Agreement, in exchange for each share of Alliance common stock the reporting person received 2.1779 shares of NBT common stock rounded down to the nearest whole share, having a market value of $21.80 per share on March 8, 2013, plus cash for any fractional share based on the average closing price of NBT common stock for the five consecutive days ending on March 5, 2013.
- [F2]Disposed of pursuant to the Merger Agreement and Alliance Stock-Based Deferral Plan (the "Plan"). Pursuant to the Merger Agreement and the terms of the Plan, in exchange for each unit representing Alliance common stock the reporting person received units representing 2.1779 shares of NBT common stock rounded down to the nearest whole share, having a market value of $21.80 per share on March 8, 2013, plus cash for any fractional share based on the average closing price of NBT common stock for the five consecutive days ending on March 5, 2013. These units will be distributed as shares of NBT common stock pursuant to the terms of the Plan and any pre-existing deferral elections made thereunder.
Documents
Issuer
ALLIANCE FINANCIAL CORP /NY/
CIK 0000796317
Entity typeother
Related Parties
1- filerCIK 0001242514
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 7:07 PM ET
- Size
- 8.1 KB