MAINSTREET BANKSHARES INC 4
4 · MAINSTREET BANKSHARES INC · Filed Jan 5, 2015
Insider Transaction Report
Form 4
SMITH BRENDA H
President/CEO
Transactions
- Disposition to Issuer
Common stock
2015-01-01−440→ 0 total - Disposition to Issuer
Stock option
2015-01-01−32,999→ 0 totalExercise: $12.09From: 2005-12-01Exp: 2015-12-01→ Common stock (32,999 underlying) - Disposition to Issuer
Stock option
2015-01-01−6,600→ 0 totalExercise: $12.09From: 2005-12-19Exp: 2015-12-19→ Common stock (6,600 underlying) - Disposition to Issuer
Stock option
2015-01-01−1,288→ 0 totalExercise: $15.00From: 2008-11-14Exp: 2017-11-14→ Common stock (1,288 underlying) - Disposition to Issuer
Stock option
2015-01-01−1,375→ 0 totalExercise: $16.75From: 2007-12-20Exp: 2016-12-20→ Common stock (1,375 underlying)
Footnotes (2)
- [F1]Effective January 1, 2015, pursuant to an Agreement and Plan of Reorganization, dated as of August 24, 2014 (the "Agreement"), by and among American National Bankshares Inc ("American National") and MainSteet BankShares, Inc.("MainStreet"), MainStreet merged with and into American National, with American National as the surviving company. Each share of MainStreet common stock was converted into .482 shares of American National stock along with $3.46 cash for each share.
- [F2]Effective January 1, 2015, pursuant to an Agreement and Plan of Reorganization, dated as of August 24, 2014 (the "Agreement"), by and among American National Bankshares Inc ("American National") and MainSteet BankShares, Inc.("MainStreet"), MainStreet merged with and into American National, with American National as the surviving company. Each share of MainStreet common stock was converted into .482 shares of American National stock along with $3.46 cash for each share. MainStreet stock options outstanding at the time of the merger will be cnverted into American National stock options at an exchange ratio of .643.