4//SEC Filing
GRAVES NANCY E 4
Accession 0001209191-20-000063
CIK 0001390312other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 10:00 AM ET
Size
5.3 KB
Accession
0001209191-20-000063
Insider Transaction Report
Form 4
GRAVES NANCY E
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Common Stock
2020-01-02−38,202→ 0 total
Footnotes (2)
- [F1]7000 shares cancelled, withheld for tax liability.
- [F2]The shares were disposed of pursuant to the Agreement and Plan of Merger dated as of August 15, 2019 (the "Merger Agreement"), by and between Bancorp of New Jersey, Inc. ("BKJ") and ConnectOne Bancorp, Inc. ("CNOB"). Pursuant to the Merger Agreement, each share of BKJ common stock was converted into .780 of a share of CNOB common stock, subject to the allocation and proration provisions in the Merger Agreement, which provisions provide that approximately 80 percent of the shares of BKJ common stock will be exchanged for CNOB common stock, and approximately 20 percent of the shares of BKJ common stock will be exchange for cash (at a price of $16.25 per share).
Documents
Issuer
Bancorp of New Jersey, Inc.
CIK 0001390312
Entity typeother
Related Parties
1- filerCIK 0001240060
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 10:00 AM ET
- Size
- 5.3 KB