4//SEC Filing
Hamer Scott W 4
Accession 0001225208-10-005120
CIK 0001123735other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 4:50 PM ET
Size
10.1 KB
Accession
0001225208-10-005120
Insider Transaction Report
Form 4
Hamer Scott W
DirectorPresident and CEO
Transactions
- Award
Restricted Stock Unit
2010-02-17+5,875→ 5,875 totalExercise: $0.00→ Common Stock (5,875 underlying)
Holdings
- 800
Stock Option (Right-to-Buy)
Exercise: $23.00From: 2008-03-26Exp: 2017-03-26→ Common Stock (800 underlying) - 1,800
Common Stock
- 4,400
Stock Option (Right-to-Buy)
Exercise: $17.50From: 2003-04-21Exp: 2013-04-21→ Common Stock (4,400 underlying)
Footnotes (4)
- [F1]Each restricted stock unit respresents the right to receive one share, or the cash-equivalent of one share of Community Financial Shares, Inc. common stock.
- [F2]The restricted stock units will vest on the earlier of: (i) February 17, 2012; (ii) the date of Mr. Hamer's death; (iii) the date of Mr. Hamer's disability; (iv) the effective date of a change in control event with respect to Community Financial Shares, Inc.; or (v) immediately prior to the closing of a change in control event with respect to Community Financial Shares, Inc. Under certain circumstances, the number of restricted stock units may be adjusted as of December 31, 2010 to reflect the forfeiture of some or all of the restricted stock units should Mr. Hamer fail to meet certain performance-based criteria established by Community Financial Shares, Inc. Shares underlying vested restricted stock units will become issuable in 25% increments upon Community Financial Shares, Inc.'s incremental repayment of funds received from the U.S. Department of Treasury on May 15, 2009 pursuant to the TARP Capital Purchase Program.
- [F3]Options to purchase 2,100 shares of the common stock of the Issuer are currently exercisable. The remaining options will become exercisable as follows: 500 on each of 4/21/2010 and 4/21/2011; 600 on 4/21/2012 and the remaining 700 on 4/21/2013.
- [F4]Options to purchase 100 shares of the common stock of the Issuer are currently exercisable. The remaining options will become exercisable as follows: 50 on each of 3/26/2010, 3/26/2011 and 3/26/2012; 100 on each of 3/26/2013, 3/26/2014, 3/26/2015 and 3/26/2016 and the remaining 150 on 3/26/2017.
Documents
Issuer
COMMUNITY FINANCIAL SHARES INC
CIK 0001123735
Entity typeother
Related Parties
1- filerCIK 0001343754
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 4:50 PM ET
- Size
- 10.1 KB