4//SEC Filing
Jenness Charles W. 4
Accession 0001209191-12-037408
CIK 0001319327other
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 5:20 PM ET
Size
11.4 KB
Accession
0001209191-12-037408
Insider Transaction Report
Form 4
Jenness Charles W.
Director
Transactions
- Sale
Common stock
2012-07-02$20.62/sh−202,792$4,181,571→ 0 total - Exercise/Conversion
Stock Option (option to buy)
2012-07-02$12.00/sh−6,000$72,000→ 0 totalExercise: $12.00From: 2007-02-01Exp: 2014-02-01→ Common Stock (6,000 underlying) - Exercise/Conversion
Common Stock
2012-07-02$12.00/sh+12,000$144,000→ 202,792 total - Exercise/Conversion
Stock Option (option to buy)
2012-07-02$12.00/sh−6,000$72,000→ 6,000 totalExercise: $12.00From: 2006-06-01Exp: 2013-06-01→ Common Stock (6,000 underlying)
Footnotes (2)
- [F1]On July 2, 2012, Encore Bancshares, Inc. ("Encore") consummated its merger (the "Merger") with EMS Sub I, Inc. ("Merger Sub"), a wholly owned subsidiary of Cadence Bancorp, LLC ("Cadence"), on the terms and conditions set forth in that certain Agreement and Plan of Merger, dated as of March 5, 2012, by and among Encore, Cadence and Merger Sub (the "Merger Agreement"). Pursuant to the Merger Agreement, outstanding stock options held by reporting owner were converted into the right to receive a cash payment equal to the product of (i) the number of shares subject to such stock options and (ii) the excess of $20.62 over the exercise price of such stock options, less applicable tax withholding.
- [F2]Disposed of in connection with the Merger in exchange for the right to receive a cash payment equal to $20.62 per share
Documents
Issuer
Encore Bancshares Inc
CIK 0001319327
Entity typeother
Related Parties
1- filerCIK 0001406647
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 5:20 PM ET
- Size
- 11.4 KB