WESTERN LIBERTY BANCORP 4
4 · WESTERN LIBERTY BANCORP · Filed Oct 17, 2012
Insider Transaction Report
Form 4
MARTIN WILLIAM E
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Common Stock, par value $0.0001*
2012-10-17−144,409→ 0 total - Disposition to Issuer
Options
2012-10-17−23,798→ 0 totalExercise: $21.01→ Common Stock, par value $0.0001 (23,798 underlying) - Disposition to Issuer
Common Stock, par value $0.0001
2012-10-17−19,086→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated August 17, 2012, between Western Liberty Bancorp and Western Alliance Bancorporation (the "Merger Agreement"), in exchange for the right, with respect to each share of Western Liberty Bancorp common stock, to elect to receive, subject to proration, either (i) 0.4341 of a share of Western Alliance Bancorporation common stock or (ii) $4.02 in cash.
- [F2]The options would have become vested and exercisable on December 31, 2012 had total deposits of Service1st Bank of Nevada on December 31, 2012 been $750 million or more on that date, expiring on December 31, 2017; otherwise the options would have expired on December 31, 2012.
- [F3]Cancelled, without any consideration paid to the Reporting Person, pursuant to the Merger Agreement.