4//SEC Filing
CHITTENDEN CORP /VT/ 4
Accession 0001181431-08-001690
CIK 0000200138operating
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 3:36 PM ET
Size
7.5 KB
Accession
0001181431-08-001690
Insider Transaction Report
Form 4
PIZZAGALLI JAMES C
Director
Transactions
- Disposition to Issuer
Common Stock
2008-01-04−103,585→ 0 total - Disposition to Issuer
Stock Option
2008-01-04$35.64/sh−18,935$674,768→ 0 totalExercise: $27.91From: 2008-01-04Exp: 2008-01-11→ Common Stock (0 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to a merger agreement between the issuer and People's United Financial, Inc. dated June 26, 2007, in exchange for either $35.636 in cash or 2.0457 shares of Peoples's United common stock, depending on the election made by the reporting person and the pro-ration procedures descreibed in the merger agreement.
- [F2]This option, which was fully vested, was canceled in the merger in exchange for a cash payment, representing the excess of $35.636 over the per share exercise price of the option multiplied by the number of shares subject to the option.
Documents
Issuer
CHITTENDEN CORP /VT/
CIK 0000200138
Entity typeoperating
IncorporatedVT
Related Parties
1- filerCIK 0000200138
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 3:36 PM ET
- Size
- 7.5 KB