4//SEC Filing
ROBERTS JAMES TOBY SR 4
Accession 0001181431-12-065234
CIK 0000860519other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 7:17 PM ET
Size
29.5 KB
Accession
0001181431-12-065234
Insider Transaction Report
Form 4
ROBERTS JAMES TOBY SR
Director
Transactions
- Award
Stock Option
2005-04-21+435→ 435 totalExercise: $22.76Exp: 2015-04-21→ Common Stock (435 underlying) - Award
Stock Option
2007-04-23+258→ 258 totalExercise: $25.70Exp: 2017-04-23→ Common Stock (258 underlying) - Disposition to Issuer
Stock Option
2012-12-13−435→ 0 totalExercise: $22.76Exp: 2015-04-21→ Common Stock (435 underlying) - Disposition to Issuer
Common Stock
2012-12-13−95,533→ 0 total - Disposition to Issuer
Stock Option
2012-12-13−258→ 0 totalExercise: $25.70Exp: 2017-04-23→ Common Stock (258 underlying) - Disposition to Issuer
Stock Option
2012-12-13−405→ 0 totalExercise: $11.25Exp: 2020-04-22→ Common Stock (405 underlying) - Disposition to Issuer
Stock Option
2012-12-13$0.72/sh−1,008$726→ 0 totalExercise: $8.74Exp: 2019-04-23→ Common Stock (1,008 underlying) - Award
Stock Option
2008-04-24+465→ 465 totalExercise: $17.44Exp: 2018-04-24→ Common Stock (465 underlying) - Award
Stock Option
2010-04-22+405→ 405 totalExercise: $11.25Exp: 2020-04-22→ Common Stock (405 underlying) - Award
Stock Option
2006-04-20+500→ 500 totalExercise: $28.56Exp: 2016-04-20→ Common Stock (500 underlying) - Award
Stock Option
2009-04-23+1,008→ 1,008 totalExercise: $8.74Exp: 2019-04-23→ Common Stock (1,008 underlying) - Disposition to Issuer
Stock Option
2012-12-13−500→ 0 totalExercise: $28.56Exp: 2016-04-20→ Common Stock (500 underlying) - Disposition to Issuer
Stock Option
2012-12-13−465→ 0 totalExercise: $17.44Exp: 2018-04-24→ Common Stock (465 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger by and between the issuer and SCBT Financial Corporation ("SCBT"), dated as of August 7, 2012 (the "Merger Agreement"), each share of issuer common stock was converted into 0.2503 shares of SCBT common stock, for a total of 23,912 shares of SCBT common stock having a market value of $39.40 per share on the effective date of the merger.
- [F2]The option vested 25% on the grant date, 25% on the following July 1, 25% on the following October 1, and 25% on the following January 1.
- [F3]Pursuant to the Merger Agreement, each issuer stock option was converted into the right to receive a cash payment equal to the product of (i) the excess, if any, of (A) the closing price per share of issuer common stock immediately prior to the effective time of the merger ($9.46) over (B) the per-share exercise price of such issuer stock option and (ii) the number of shares of issuer common stock subject to such issuer stock option. In the event that the product obtained by the prior sentence was zero or a negative number, then the issuer stock option was cancelled for no consideration.
Documents
Issuer
SAVANNAH BANCORP INC
CIK 0000860519
Entity typeother
Related Parties
1- filerCIK 0001182016
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 7:17 PM ET
- Size
- 29.5 KB