Miller Andrew J 4
4 · Beneficial Mutual Bancorp Inc · Filed Aug 3, 2009
Insider Transaction Report
Form 4
Miller Andrew J
Exec. V.P. & Chief Lending Off
Transactions
- Purchase
Common Stock
2009-07-31$9.10/sh+1,100$10,010→ 2,050 total
Holdings
- 100,000
Stock Option (Right to Buy)
Exercise: $11.86Exp: 2018-08-06→ Common Stock (100,000 underlying) - 5,000
Stock Option (Right to Buy)
Exercise: $8.35From: 2010-03-09Exp: 2019-03-09→ Common Stock (5,000 underlying) - 12,000(indirect: By 401(k))
Common Stock
- 50,000(indirect: Restricted Stock)
Common Stock
- 8,000(indirect: Restricted Stock II)
Common Stock
Footnotes (4)
- [F1]These restricted shares, initially awarded on August 6, 2008, vest according to the following vesting schedules: (1) 25,000 shares are subject to a three-year cliff vesting schedule whereby no shares vest on the first and second anniversaries of the award; 60% of the shares vest on the third anniversary of the award; and thereafter 20% of the shares each vest on the fourth and fifth anniversaries of the award; and (2) 25,000 shares will vest if certain specified performance requirements are met during the performance measurement period beginning on December 31, 2009 and ending on December 31, 2013.
- [F2]These restricted shares, initially awarded on March 9, 2009, vest according to the following vesting schedules: (1) 4,000 shares are subject to a three-year cliff vesting schedule whereby no shares vest on the first and second anniversaries of the award; 60% of the shares vest on the third anniversary of the award; and thereafter 20% of the shares each vest on the fourth and fifth anniversaries of the award; and (2) 4,000 shares will vest if certain specified performance requirements are met during the performance measurement period beginning on December 31, 2010 and ending on December 31, 2014.
- [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.
- [F4]Options vest equally over a 5-year period with the first 20% vesting on March 9, 2010, the first anniversary of the date of the grant.