Windholtz Barry M 4
4 · FIRST FRANKLIN CORP · Filed Mar 17, 2011
Insider Transaction Report
Form 4
Windholtz Barry M
Other
Transactions
- Disposition to Issuer
Common Stock
2011-03-16$14.50/sh−150$2,175→ 0 total
Footnotes (1)
- [F1]Disposed of in connection with the merger of First Frnaklin 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 and (ii) First Franklin and The Franklin Savings and Loan Company, each share of First Franklin common stock held by the reporting person will be converted into the right to receive $14.50 on the Effective Date.