Home/Filings/4/0001181431-12-065234
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
Period: 2005-04-21
Transactions
  • Award

    Stock Option

    2005-04-21+435435 total
    Exercise: $22.76Exp: 2015-04-21Common Stock (435 underlying)
  • Award

    Stock Option

    2007-04-23+258258 total
    Exercise: $25.70Exp: 2017-04-23Common Stock (258 underlying)
  • Disposition to Issuer

    Stock Option

    2012-12-134350 total
    Exercise: $22.76Exp: 2015-04-21Common Stock (435 underlying)
  • Disposition to Issuer

    Common Stock

    2012-12-1395,5330 total
  • Disposition to Issuer

    Stock Option

    2012-12-132580 total
    Exercise: $25.70Exp: 2017-04-23Common Stock (258 underlying)
  • Disposition to Issuer

    Stock Option

    2012-12-134050 total
    Exercise: $11.25Exp: 2020-04-22Common Stock (405 underlying)
  • Disposition to Issuer

    Stock Option

    2012-12-13$0.72/sh1,008$7260 total
    Exercise: $8.74Exp: 2019-04-23Common Stock (1,008 underlying)
  • Award

    Stock Option

    2008-04-24+465465 total
    Exercise: $17.44Exp: 2018-04-24Common Stock (465 underlying)
  • Award

    Stock Option

    2010-04-22+405405 total
    Exercise: $11.25Exp: 2020-04-22Common Stock (405 underlying)
  • Award

    Stock Option

    2006-04-20+500500 total
    Exercise: $28.56Exp: 2016-04-20Common Stock (500 underlying)
  • Award

    Stock Option

    2009-04-23+1,0081,008 total
    Exercise: $8.74Exp: 2019-04-23Common Stock (1,008 underlying)
  • Disposition to Issuer

    Stock Option

    2012-12-135000 total
    Exercise: $28.56Exp: 2016-04-20Common Stock (500 underlying)
  • Disposition to Issuer

    Stock Option

    2012-12-134650 total
    Exercise: $17.44Exp: 2018-04-24Common 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.

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