Kaplan Robert B 4
4 · GREATER BAY BANCORP · Filed Oct 3, 2007
Insider Transaction Report
Form 4
Kaplan Robert B
Director
Transactions
- Disposition to Issuer
Common Stock
2007-10-01−6,000→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2007-10-01−10,000→ 0 totalExercise: $27.82Exp: 2015-07-26→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Shares disposed of pursuant to merger between Issuer and Wells Fargo & Company pursuant to which each share of Issuer's common stock was exchanged for 0.7867 shares of Wells Fargo & Company common stock having a market value of $28.83 per share on the effective date of the merger.
- [F2]In the merger of the Issuer and Wells Fargo & Company, each outstanding option to purchase the Issuer's common stock was converted to an option to purchase Wells Fargo & Company common stock on substantially the same terms, except that the number of options was adjusted by multiplying the number of Issuer options by 0.7867, the grant price was adjusted by dividing the Issuer grant price by 0.7867, and the options became immediately exercisable at the effective time of the merger.