4//SEC Filing
SUSQUEHANNA BANCSHARES INC 4
Accession 0001127602-15-023907
CIK 0000700863operating
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 3:41 PM ET
Size
9.8 KB
Accession
0001127602-15-023907
Insider Transaction Report
Form 4
POOLE ROBERT E JR
Director
Transactions
- Disposition to Issuer
Stock Option
2015-08-01−6,939→ 0 totalExercise: $5.71Exp: 2019-11-24→ Common Stock (6,939 underlying) - Disposition to Issuer
Stock Option
2015-08-01−4,371→ 0 totalExercise: $8.93Exp: 2018-07-17→ Common Stock (4,371 underlying) - Disposition to Issuer
Common Stock
2015-08-01−172,290→ 0 total
Footnotes (4)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger between BB&T Corporation ("BB&T") and issuer, dated November 11, 2014 (the "Merger Agreement"), pursuant to which issuer was merged with and into BB&T, effective August 1, 2015 (the "Merger"). Pursuant to the Merger, each issued and outstanding share of issuer common stock was exchanged for 0.253 shares of BB&T common stock and $4.05 of cash. As a result of the Merger, the reporting person no longer beneficially owns directly or indirectly any shares of issuer common stock.
- [F2]Pursuant to the Merger Agreement, each option to purchase shares of issuer's common stock (whether vested or unvested), which was outstanding and unexercised immediately prior to the effective time of the Merger, automatically became fully vested and was assumed by BB&T and converted into a stock option to purchase shares of BB&T common stock, with the number of underlying shares and the exercise price determined under the Merger Agreement.
- [F3]This option was replaced with an option to purchase 1,542 shares of BB&T common stock for $25.32 per share.
- [F4]This option was replaced with an option to purchase 2,448 shares of BB&T common stock for $16.19 per share.
Documents
Issuer
SUSQUEHANNA BANCSHARES INC
CIK 0000700863
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000700863
Filing Metadata
- Form type
- 4
- Filed
- Aug 2, 8:00 PM ET
- Accepted
- Aug 3, 3:41 PM ET
- Size
- 9.8 KB