4//SEC Filing
OLIVA STEVEN J 4
Accession 0001144204-13-020040
CIK 0000717059other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 5:50 PM ET
Size
22.1 KB
Accession
0001144204-13-020040
Insider Transaction Report
Form 4
OLIVA STEVEN J
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2013-04-01−600→ 0 totalExercise: $81.20From: 2003-04-22Exp: 2013-04-22→ Common Stock (600 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-04-01−470→ 0 totalExercise: $106.60From: 2004-04-20Exp: 2014-04-20→ Common Stock (470 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-04-01−260→ 0 totalExercise: $137.50From: 2006-04-25Exp: 2016-04-25→ Common Stock (260 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-04-01−1,920→ 0 totalExercise: $11.55From: 2009-04-28Exp: 2019-04-28→ Common Stock (1,920 underlying) - Disposition to Issuer
Phantom Stock
2013-04-01−9,144→ 0 totalFrom: 2013-04-01Exp: 2013-04-01→ Common Stock (9,144 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-04-01−410→ 0 totalExercise: $103.20From: 2005-04-26Exp: 2015-04-26→ Common Stock (410 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-04-01−430→ 0 totalExercise: $63.75From: 2008-04-22Exp: 2018-04-22→ Common Stock (430 underlying) - Disposition to Issuer
Common Stock
2013-04-01−42,600→ 0 total
Footnotes (9)
- [F1]1,050 of these shares represent restricted stock which became fully vested by virtue of the merger. All shares were cancelled and converted into the right to receive the Merger Consideration (defined below) pursuant to the Agreement and Plan of Merger, dated as of September 25, 2012, by and among Columbia Banking System, Inc. ("Columbia"), West Coast Bancorp ("West Coast"), and a wholly owned subsidiary of Columbia (the "Merger Agreement").
- [F2]Pursuant to the terms of the Merger Agreement, the reporting person had the right to elect to receive consideration of either: (i) cash in an amount of $24.11 per share (the "Per Share Cash Consideration") for each share held, or (ii) a number of shares of Columbia common stock having a value equal to the Per Share Cash Consideration, or (iii) a mix of cash and Columbia common stock having a value equal to the Per Share Cash Consideration (the "Merger Consideration").
- [F3]These options, which became exercisable on April 22, 2003, were cancelled in the merger in exchange for 699 vested options to purchase shares of Columbia common stock for $69.67 per share.
- [F4]These options, which became exercisable on April 20, 2004, were cancelled in the merger in exchange for 547 vested options to purchase shares of Columbia common stock for $91.46 per share.
- [F5]These options, which became exercisable on April 26, 2005, were cancelled in the merger in exchange for 477 vested options to purchase shares of Columbia common stock for $88.54 per share.
- [F6]These options, which became exercisable on April 25, 2006, were cancelled in the merger in exchange for 303 vested options to purchase shares of Columbia common stock for $117.97 per share.
- [F7]These options, which became exercisable on April 22, 2008, were cancelled in the merger in exchange for 501 vested options to purchase shares of Columbia common stock for $54.70 per share.
- [F8]These options, which became exercisable on April 28, 2009, were cancelled in the merger in exchange for 2,237 vested options to purchase shares of Columbia common stock for 9.91 per share.
- [F9]Contract right having value equivalent to the indicated number of underlying shares of West Coast common stock.
Documents
Issuer
WEST COAST BANCORP /NEW/OR/
CIK 0000717059
Entity typeother
Related Parties
1- filerCIK 0001215758
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 5:50 PM ET
- Size
- 22.1 KB