4//SEC Filing
1st United Bancorp, Inc. 4
Accession 0001181431-14-035202
CIK 0001415277operating
Filed
Nov 2, 7:00 PM ET
Accepted
Nov 3, 11:47 AM ET
Size
15.4 KB
Accession
0001181431-14-035202
Insider Transaction Report
Form 4
Lynch Thomas E
Director
Transactions
- Disposition to Issuer
Common Stock
2014-10-31−2,570→ 0 total(indirect: By Spouse) - Disposition to Issuer
Common Stock
2014-10-31−334,602→ 0 total - Disposition to Issuer
Employee Stock Options (right to buy)
2014-10-31−4,000→ 0 totalExercise: $5.90Exp: 2022-02-28→ Common Stock (4,000 underlying) - Disposition to Issuer
Employee Stock Options (right to buy)
2014-10-31−4,000→ 0 totalExercise: $6.08Exp: 2023-02-28→ Common Stock (4,000 underlying) - Disposition to Issuer
Employee Stock Options (right to buy)
2014-10-31−4,000→ 0 totalExercise: $7.70Exp: 2024-02-28→ Common Stock (4,000 underlying) - Disposition to Issuer
Common Stock
2014-10-31−30,770→ 0 total(indirect: By Trust)
Footnotes (6)
- [F1]Disposed of pursuant to Agreement and Plan of Merger by and between isser and Valley National Bancorp dated May 7, 2014, in exchange for 297,795 shares of Valley National Bancorp common stock having a market value of $9.98 per share on the effective date of the merger.
- [F2]Disposed of pursuant to Agreement and Plan of Merger by and between isser and Valley National Bancorp dated May 7, 2014, in exchange for 2,287 shares of Valley National Bancorp common stock having a market value of $9.98 per share on the effective date of the merger.
- [F3]Disposed of pursuant to Agreement and Plan of Merger by and between isser and Valley National Bancorp dated May 7, 2014, in exchange for 27,385 shares of Valley National Bancorp common stock having a market value of $9.98 per share on the effective date of the merger.
- [F4]This option, which provided for vesting in ten equal installments beginning February 28, 2013, was canceled in the merger in exchange for a cash payment of $10,160 representing the difference between the exercise price of the option and the average closing price of 1st United Bancorp, Inc. common stock on the twenty (20) trading days ending on October 24, 2014 ($8.44 per share).
- [F5]This option, which provided for vesting in ten equal installments beginning February 28, 2014, was canceled in the merger in exchange for a cash payment of $9,440 representing the difference between the exercise price of the option and the average closing price of 1st United Bancorp, Inc. common stock on the twenty (20) trading days ending on October 24, 2014 ($8.44 per share).
- [F6]This option, which provided for vesting in ten equal installments beginning February 28, 2015, was canceled in the merger in exchange for a cash payment of $2,960 representing the difference between the exercise price of the option and the average closing price of 1st United Bancorp, Inc. common stock on the twenty (20) trading days ending on October 24, 2014 ($8.44 per share).
Documents
Issuer
1st United Bancorp, Inc.
CIK 0001415277
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0001415277
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 7:00 PM ET
- Accepted
- Nov 3, 11:47 AM ET
- Size
- 15.4 KB