Meyers Gregory W 4
4 · FIRST FRANKLIN CORP · Filed Mar 17, 2011
Insider Transaction Report
Form 4
Meyers Gregory W
Other
Transactions
- Disposition to Issuer
Common Stock
2011-03-16$14.50/sh−2,001$29,015→ 0 total - Disposition to Issuer
Common Stock
2011-03-16$14.50/sh−1,929$27,971→ 0 total(indirect: ESOP Allocation)
Footnotes (1)
- [F1]Disposed of in connection with the merger of First Franklin Corporation ("First Franklin") with and into Cheviot Merger Subsidiary, Inc. ("Merger Sub"), a wholly-owned subsidiary of Cheviot Financial Corp. ("Cheviot"), which became effective on March 16, 2011 (the "Effective Date") in accordance with the terms of the Agreement and Plan of Merger, dated October 12, 2010, among (i) Cheviot, Merger Sub and Cheviot Savings Bank (ii) First Franklin and Franklin Savings and Loan Company (the "Merger Agreement"), each share of First Franaklin common stock held by the reporting person will be converted into the right to receive $14.50 (the "Merger Consideration") on the Effective Date.