STEPHENS DARRYL MARK 4
4 · BANK OF GRANITE CORP · Filed Oct 25, 2011
Insider Transaction Report
Form 4
STEPHENS DARRYL MARK
Senior Vice President
Transactions
- Disposition to Issuer
Common Stock
2011-10-21−1,472.507→ 0 total(indirect: Held in Bank of Granite Employees Profit Sharing Plan) - Disposition to Issuer
Common Stock
2011-10-21−4,337→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to that certain Agreement and Plan of Merger, dated as of April 26, 2011, as amended by Amendment No. 1, dated as of June 16, 2011, and Amendment No. 2, dated as of August 15, 2011, by and among FNB United Corp., Gamma Merger Corporation and the issuer (the "Merger") in exchange for 14,638 shares of FNB United Corp. common stock having a market value of $0.38 per share on the effective date of the Merger.
- [F2]Disposed of pursuant to the Merger in exchange for 4,970 shares of FNB United Corp. common stock having a market value of $0.38 per share on the effective date of the Merger.
- [F3]Held by issuer's Employees' Profit Sharing Plan. Column 4 includes a change of 846.02 shares in the Employees' Profit Sharing Plan since the date of the last ownership report.