SUSSEX BANCORP 4
4 · SUSSEX BANCORP · Filed Aug 7, 2013
Insider Transaction Report
Form 4
SUSSEX BANCORPSBBX
Fusco Steven Mark Anthony
SVP and CFO
Transactions
- Exercise of In-Money
Common Stock
2013-08-05$6.00/sh+11,072$66,432→ 46,082 total - Other
Common Stock
2013-08-05−11,072→ 35,010 total - Exercise of In-Money
Common Stock
2013-08-05$6.00/sh+1,428$8,568→ 9,650 total(indirect: By IRA) - Other
Common Stock
2013-08-05+11,072→ 20,722 total(indirect: By IRA) - Exercise of In-Money
Subscription Rights (right to buy)
2013-07-29−31,634→ 0 totalExercise: $6.00From: 2013-06-28Exp: 2013-07-29→ Common Stock (11,072 underlying) - Exercise of In-Money
Subscription Rights (right to buy)
2013-07-29−4,080→ 0 total(indirect: By IRA)Exercise: $6.00From: 2013-06-28Exp: 2013-07-29→ Common Stock (1,428 underlying)
Footnotes (2)
- [F1]The reporting person simultaneously transferred the shares of common stock received in the Rights Offering (as defined below) to his IRA.
- [F2]On June 28, 2013, the Company issued, to each holder of record as of May 31, 2013, subscription rights to acquire shares of common stock of Sussex Bancorp (the "Rights Offering") in accordance with the terms set forth in a prospectus, dated June 28, 2013, related to the Rights Offering. Each subscription right reflects a basic subscription right entitling the holder to purchase 0.35 shares of common stock and an oversubscription privilege entitling the holder to purchase additional shares of common stock under certain circumstances.