SMITH JOHN T 4
4 · Cheviot Financial Corp. · Filed Jan 19, 2012
Insider Transaction Report
Form 4
SMITH JOHN T
Director
Transactions
- Purchase
Common Stock
2012-01-18$8.00/sh+5,775$46,200→ 5,775 total(indirect: By IRA) - Other
Common Stock
2012-01-18+10,712→ 10,712 total(indirect: By Hawkstone Ret Plan) - Other
Stock Options
2012-01-18+19,111→ 19,111 totalExercise: $13.01From: 2006-05-05Exp: 2015-05-05→ Common Stock (19,111 underlying) - Other
Common Stock
2012-01-18+8,334→ 8,334 total - Other
Common Stock
2012-01-18+2,142→ 2,142 total(indirect: By Spouse)
Footnotes (3)
- [F1]Pursuant to the Plan of Conversion and Reorganization of Cheviot Mutual Holding Company, each share of Cheviot Financial Corp. (Federal corporation) was exchanged for 0.8570 shares of common stock of Cheviot Financial Corp. (Maryland corporation).
- [F2]Pursuant to the Plan of Conversion and Reorganization of Cheviot Mutual Holding Company, each option to purchase shares of common stock of Cheviot Financial Corp. (Federal corporation) was converted into an option to purchase shares of common stock of Cheviot Financial Corp. (Maryland corporation) by multiplying the number of shares subject to each option by the 0.8570 exchange ratio. The exercise price per share of each converted option was determined by dividing the exercise price of the option by the 0.8570 exchange ratio. All such converted options continue to vest based on their original terms.
- [F3]Options to purchase shares of common stock vest at a rate of 20% per year commencing on May 5, 2006.