CADENCE FINANCIAL CORP·4

Mar 7, 6:39 PM ET

DAVIS JOHN ROBERT 4

4 · CADENCE FINANCIAL CORP · Filed Mar 7, 2011

Insider Transaction Report

Form 4
Period: 2011-03-04
DAVIS JOHN ROBERT
Vice President
Transactions
  • Disposition to Issuer

    Cadence Financial Corporation Common Stock

    2011-03-04$2.50/sh4,546.17$11,3650 total(indirect: By 401(k))
  • Disposition to Issuer

    Cadence Financial Corporation Common Stock

    2011-03-04$2.50/sh799$1,9980 total(indirect: By Spouse)
  • Disposition to Issuer

    Cadence Financial Corporation Common Stock

    2011-03-04$2.50/sh2,380.65$5,9520 total(indirect: By Employee Benefit Plan)
  • Disposition to Issuer

    Employee Stock Options Right to Buy

    2011-03-04$0.20/sh4,666$9330 total
    Exercise: $20.75From: 2002-06-13Exp: 2011-06-12common stock (4,666 underlying)
  • Disposition to Issuer

    Employee Stock Option Right to Buy

    2011-03-04$0.20/sh4,666$9330 total
    Exercise: $24.11From: 2003-06-13Exp: 2012-06-12common stock (4,666 underlying)
  • Disposition to Issuer

    Employee Stock Option Right to Buy

    2011-03-04$0.20/sh4,667$9330 total
    Exercise: $25.20From: 2005-05-01Exp: 2014-04-30common stock (4,667 underlying)
Footnotes (6)
  • [F1]Disposed of in connection with the merger of the issuer with a subsidiary of Community Bancorp LLC pursuant to that certain agreement and plan of merger dated October 6, 2010, by and among the issuer, Community Bancorp LLC and Maroon Acquisition Corp. (the "Merger"), in exchange for the right to receive a cash payment equal to $2.50 per share.
  • [F2]Disposed of in conncection with the Merger of in exchange for the right to receive a cash payment equal to $2.50 per share.
  • [F3]Disposed of in conncection with the Merger of in exchange for the right to receive a cash payment equal to $2.50 per share.
  • [F4]These options, which were fully vested, were cancelled in connection with the Merger in exchange for a cash payment of $0.20 per share.
  • [F5]These options, which were fully vested, were cancelled in connection with the Merger in exchange for a cash payment of $0.20 per share.
  • [F6]These options, which were fully vested, were cancelled in connection with the Merger in exchange for a cash payment of $0.20 per share.

Documents

1 file
  • 4
    rrd304268.xmlPrimary

    DISPOSITION IN CONNECTION WITH MERGER 3/4/11