4//SEC Filing
Rivest Jeffrey A 4
Accession 0001171843-19-007788
CIK 0001253317other
Filed
Nov 24, 7:00 PM ET
Accepted
Nov 25, 12:59 PM ET
Size
14.3 KB
Accession
0001171843-19-007788
Insider Transaction Report
Form 4
Rivest Jeffrey A
Director
Transactions
- Disposition to Issuer
Common Stock
2019-11-22−33,788→ 0 total - Disposition to Issuer
Stock options
2019-11-22−1,200→ 0 totalExercise: $12.04From: 2013-02-27Exp: 2023-02-26→ Common Stock (1,200 underlying) - Disposition to Issuer
Stock options
2019-11-22−1,200→ 0 totalExercise: $16.76From: 2014-02-26Exp: 2024-02-25→ Common Stock (1,200 underlying) - Disposition to Issuer
Stock options
2019-11-22−1,200→ 0 totalExercise: $14.38From: 2015-02-25Exp: 2025-02-24→ Common Stock (1,200 underlying) - Disposition to Issuer
Stock options
2019-11-22−1,200→ 0 totalExercise: $17.75From: 2016-02-24Exp: 2026-02-23→ Common Stock (1,200 underlying)
Footnotes (2)
- [F1]On November 22, 2019, Old Line Bancshares, Inc. ("Old Line") completed its previously announced merger (the "Merger") with Wesbanco, Inc. ("Wesbanco"), pursuant to an Agreement and Plan of Merger, dated as of July 23, 2019, by and among Wesbanco, Wesbanco Bank, Inc, Old Line and Old Line Bank. In accordance with the terms of the Merger Agreement, at the effective time of the Merger each share of Old Line common stock issued an outstanding immediately prior to the Merger was converted into the right to receive 0.7844 of a share of common stock of Wesbanco ("Exchange Ratio") plus cash in lieu of any fractional share of Wesbanco common stock equal to the product of $37.81 and the fraction of a share to which such holder would otherwise have been entitled. On November 22, 2019, the effective date of the Merger, the closing price of Wesbanco common stock on the Nasdaq Global Select Market was $36.75 per share.
- [F2]All options were assumed by Wesbanco in the Merger and converted into an option to purchase the number of shares of Wesbanco common stock equal to the product of the number of shares of Old Line common stock subject to such option multiplied by the Exchange Ratio, at an exercise price equal to the quotient of the exercise price per share of Old Line common stock subject to such option divided by the Exchange Ratio.
Documents
Issuer
OLD LINE BANCSHARES INC
CIK 0001253317
Entity typeother
Related Parties
1- filerCIK 0001559251
Filing Metadata
- Form type
- 4
- Filed
- Nov 24, 7:00 PM ET
- Accepted
- Nov 25, 12:59 PM ET
- Size
- 14.3 KB