INTERVEST BANCSHARES CORP 4
4 · INTERVEST BANCSHARES CORP · Filed Feb 10, 2015
Insider Transaction Report
Form 4
DEROSA PAUL R
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2015-02-06−6,900→ 0 totalExercise: $17.10Exp: 2017-12-13→ Common Stock (6,900 underlying) - Disposition to Issuer
Stock Option (right to buy)
2015-02-06−6,900→ 0 totalExercise: $7.50Exp: 2018-12-11→ Common Stock (6,900 underlying) - Disposition to Issuer
Common Stock
2015-02-10−131,500→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2015-02-06−6,900→ 0 totalExercise: $4.02Exp: 2019-12-10→ Common Stock (6,900 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to merger agreement between Issuer and Bank of the Ozarks, Inc. in exchange for 39,634 shares of Ozarks common stock having a market value of $35.93 per share on the effective date of the merger, plus cash in lieu of fractional shares.
- [F2]This option, which was fully vested, was disposed of pursuant to the Issuer's tender offer for outstanding stock options, pursuant to a Schedule TO filed by the Issuer on December 23, 2014, for a price of $0.47 per underlying share.
- [F3]This option, which was fully vested, was disposed of pursuant to the Issuer's tender offer for outstanding stock options, pursuant to a Schedule TO filed by the Issuer on December 23, 2014, for a price of $2.71 per underlying share (equal to the spread between the per share exercise price and the merger purchase price of $10.21 per share).
- [F4]This option, which was fully vested, was disposed of pursuant to the Issuer's tender offer for outstanding stock options, pursuant to a Schedule TO filed by the Issuer on December 23, 2014, for a price of $6.19 per underlying share (equal to the spread between the per share exercise price and the merger purchase price of $10.21 per share).