4//SEC Filing
Hunt Clifton S 4
Accession 0001181431-11-016196
CIK 0000742054other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 6:56 PM ET
Size
15.1 KB
Accession
0001181431-11-016196
Insider Transaction Report
Form 4
Hunt Clifton S
Director
Transactions
- Disposition to Issuer
Cadence Financial Corporation Common Stock
2011-03-04$2.50/sh−6,000$15,000→ 0 total(indirect: By IRA) - Disposition to Issuer
Cadence Financial Corporation Common Stock
2011-03-04$2.50/sh−16,200$40,500→ 0 total - Disposition to Issuer
Cadence Financial Corporation Common Stock
2011-03-04$2.50/sh−6,100$15,250→ 0 total(indirect: By Spouse) - Disposition to Issuer
Cadence Financial Corporation Common Stock
2011-03-04$2.50/sh−17,000$42,500→ 0 total(indirect: Standard Cons Com Investment) - Disposition to Issuer
Employee Stock Option Right to Buy
2011-03-04$0.20/sh−3,718$744→ 0 totalExercise: $17.21From: 2004-03-31Exp: 2012-01-03→ common stock (3,718 underlying) - Disposition to Issuer
Employee Stock Option Right to Buy
2011-03-04$0.20/sh−3,718$744→ 0 totalExercise: $16.14From: 2004-03-31Exp: 2013-01-03→ common stock (3,718 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 connection with the Merger of in exchange for the right to receive a cash payment equal to $2.50 per share.
- [F3]Disposed of in connection with the Merger of in exchange for the right to receive a cash payment equal to $2.50 per share.
- [F4]Disposed of in connection with the Merger of in exchange for the right to receive a cash payment equal to $2.50 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.
Issuer
CADENCE FINANCIAL CORP
CIK 0000742054
Entity typeother
Related Parties
1- filerCIK 0001321260
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 6:56 PM ET
- Size
- 15.1 KB