Deitch James M 4
4 · FIRST CHESTER COUNTY CORP · Filed Jan 31, 2011
Insider Transaction Report
Form 4
Deitch James M
DirectorMan. Dir., AHB, Div. FNB
Transactions
- Disposition to Issuer
Common Stock
2010-12-10−73,306→ 0 total - Disposition to Issuer
Common Stock
2010-12-10−5,250→ 0 totalExercise: $18.58From: 2008-12-31Exp: 2016-07-17→ Common Stock (5,250 underlying) - Disposition to Issuer
Common Stock
2010-12-10−5,950→ 0 totalExercise: $18.58From: 2008-12-31Exp: 2017-07-16→ Common Stock (5,950 underlying) - Disposition to Issuer
Common Stock
2010-12-10−24,500→ 0 totalExercise: $14.29From: 2008-12-31Exp: 2011-08-20→ Common Stock (24,500 underlying) - Disposition to Issuer
Common Stock
2010-12-10−3,850→ 0 totalExercise: $17.86From: 2008-12-31Exp: 2014-09-20→ Common Stock (3,850 underlying) - Disposition to Issuer
Common Stock
2010-12-10−5,950→ 0 totalExercise: $17.86From: 2008-12-31Exp: 2013-06-16→ Common Stock (5,950 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, between issuer and Tower Bancorp, Inc., dated December 27, 2009. Pursuant to the merger each share of issuer was exchanged for 0.356 shares of Tower Bancorp, Inc. common stock. As a result of the merger, the reporting person no longer beneficially owns directly or indirectly any shares of First Chester County Corporation common stock.
- [F2]Pursuant to the Agreement and Plan of Merger between issuer and Tower Bancorp, Inc., each option granted by issuer to purchase shares of issuer's common stock which was outstanding and unexercised immediately prior to the effective time of the merger, automatically converted into a right to purchase shares of Tower Bancorp, Inc. common stock at an exercise price determined per the merger agreement and subject to the terms of the issuer's stock plans.