YATES CRAIG W 4
4 · Beneficial Mutual Bancorp Inc · Filed Mar 3, 2009
Insider Transaction Report
Form 4
YATES CRAIG W
Director
Transactions
- Sale
Common Stock
2009-03-02$8.95/sh−35,000$313,250→ 2,072,090 total
Holdings
- 25,000(indirect: Restricted Stock)
Common Stock
- 50,000
Stock Option (Right to Buy)
Exercise: $11.86Exp: 2018-08-06→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $8.90 to $9.00, inclusive. The reporting person undertakes to provide to Beneficial Mutual Bancorp, Inc., any security holder of Beneficial Mutual Bancorp, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]Restricted shares vest equally over a 5-year period with the first 20% vesting on August 6, 2009, the first anniversary of the date of the award.
- [F3]Options vest equally over a 5-year period with the first 20% vesting on August 6, 2009, the first anniversary of the date of the grant.