Peoples Federal Bancshares, Inc. 4
4 · Peoples Federal Bancshares, Inc. · Filed Feb 23, 2015
Insider Transaction Report
Form 4Exit
POSNER NORMAN
Director
Transactions
- Other
Common Stock
[F1]2015-02-20−7,300→ 0 total - Other
Common Stock
[F1]2015-02-20−28,400→ 0 total(indirect: By Spouse) - Other
Common Stock
[F1]2015-02-20−300→ 0 total(indirect: By Trust) - Other
Stock Options
[F2]2015-02-20−1,250→ 0 totalExercise: $18.49From: 2014-08-20Exp: 2023-08-20→ Common Stock (1,250 underlying) - Other
Stock Options
[F2]2015-02-20−18,000→ 0 totalExercise: $15.47From: 2013-02-21Exp: 2022-02-21→ Common Stock (18,000 underlying)
Footnotes (2)
- [F1]Each share of common stock of the Issuer was converted into and became exchangeable for the right to receive either (i) 0.5523 of a share of Independent Bank Corp. common stock or (ii) $21.00 in cash.
- [F2]Stock options have been cancelled and each option holder will receive a cash payment upon such cancellation in an amount equal to the product of (i) the number of shares of Issuer common stock provided for by such option and (ii) the excess, if any, of $21.00 over the exercise price of the option.
Signature
/s/ Steven T. Lanter, pursuant to power of attorney|2015-02-20