First Federal of Northern Michigan Bancorp, Inc. 4
4 · First Federal of Northern Michigan Bancorp, Inc. · Filed Aug 20, 2014
Insider Transaction Report
Form 4
TOWNSEND THOMAS R
Director
Transactions
- Other
Common Stock, par value $0.01 per share
[F1]2014-08-08+3,872→ 23,854 total
Holdings
- 2,500
Stock Options
Exercise: $9.20From: 2007-03-14Exp: 2016-03-14→ Common Stock (2,500 underlying) - 5,900
Stock Options
Exercise: $9.65From: 2007-05-17Exp: 2016-05-17→ Common Stock (5,900 underlying)
Footnotes (1)
- [F1]Pursuant to the Agreement and Plan of Merger by and between First Federal of Northern Michigan Bancorp, Inc. ("FFNM") and Alpena Banking Corporation ("ABC") dated January 23, 2014, each share of ABC was exchanged for 1.549 shares of common stock of FFNM, with cash payments in lieu of fractional shares being issued at a rate of $5.64 per share.
Signature
/s/ Steven Lanter, pursuant to power of attorney|2014-08-20