CMS Bancorp, Inc. 4
4 · CMS Bancorp, Inc. · Filed Apr 28, 2015
Insider Transaction Report
Form 4
Romita Mauro C
Director
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2015-04-28$5.25/sh−6,000$31,500→ 0 total(indirect: By Trust)Exercise: $8.00Exp: 2022-10-31→ Common Stock (6,000 underlying) - Disposition to Issuer
Common Stock, par value $0.01 per share
2015-04-28−7,247→ 0 total(indirect: By Trust)
Footnotes (2)
- [F1]Each share has been converted into the right to receive $13.25 per share merger consideration pursuant to an Agreement and Plan of Merger dated Sept. 25, 2014 by and among Putnam County Savings Bank, Putnam County Acquisition Corp., CMS Bancorp, Inc. and CMS Bank.
- [F2]This option, which provided for vesting in five equal annual installments beginning on October 31, 2013, was cancelled in the merger in exchange for a cash payment of $31,500.00 representing the difference between the exercise price of the option and the per share merger consideration of $13.25.