Cape Bancorp, Inc. 4
4 · Cape Bancorp, Inc. · Filed May 2, 2016
Insider Transaction Report
Form 4
MCGOWAN JAMES F JR
EVP and Chief Credit Officer
Transactions
- Other
Common Stock
2016-05-02−2,000→ 0 total(indirect: By IRA) - Other
Common Stock
2016-05-02−5,209→ 0 total(indirect: By ESOP) - Other
Stock Options
2016-05-02−60,000→ 0 totalExercise: $7.27From: 2011-06-15Exp: 2020-06-12→ Common Stock (60,000 underlying)
Footnotes (2)
- [F1]Each share of common stock was converted into and became exchangeable for the right to receive (i) $2.25 in cash and (ii) 0.6375 of a share of OceanFirst Financial Corp. common stock.
- [F2]Each option was converted into an option to purchase a number of shares of OceanFirst Financial Corp. common stock (rounded down to the nearest whole share) determined by multiplying (i) the number of shares of Cape Bancorp, Inc. common stock subject to such stock option by (ii) 0.75, at a per share exercise price (rounded up to the nearest whole cent) equal to the quotient obtained by dividing (a) the per share exercise price for each share of Cape Bancorp, Inc. common stock subject to such option by (b) 0.75.