SUFFOLK BANCORP 4
4 · SUFFOLK BANCORP · Filed Apr 4, 2017
Insider Transaction Report
Form 4
SUFFOLK BANCORPSCNB
NIGREL ANITA J
EVP & Chief Retail Officer
Transactions
- Disposition to Issuer
Suffolk Bancorp Common Stock
2017-04-01−3,616.024→ 0 total
Footnotes (1)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of June 26, 2016 (the "Merger Agreement"), by and between Suffolk Bancorp ("Suffolk") and People's United Financial, Inc. ("People's United"), in exchange for 2.225 shares of common stock of People's United ("People's United Common Stock") per share of common stock of Suffolk ("Suffolk Common Stock"), having a market value per share of Suffolk of $40.495 (based on the value of 2.225 shares of People's United Common Stock at the close of trading on March 31, 2017, the closing date of the merger), with cash payable in lieu of any fractional shares.