4//SEC Filing
ASTONE RHODA K 4
Accession 0001225208-12-023339
CIK 0001076394other
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 3:37 PM ET
Size
13.3 KB
Accession
0001225208-12-023339
Insider Transaction Report
Form 4
ASTONE RHODA K
Vice President, Secretary & Cl
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2012-11-09−4,000→ 0 totalExercise: $17.50Exp: 2022-01-03→ Common Stock (4,000 underlying) - Disposition to Issuer
Common Stock
2012-11-09−3,357→ 0 total - Disposition to Issuer
Common Stock
2012-11-09−1,020→ 0 total(indirect: Restricted Stock II) - Disposition to Issuer
Stock Option (Right to Buy)
2012-11-09−558→ 0 totalExercise: $28.99From: 2005-03-17Exp: 2015-03-17→ Common Stock (558 underlying) - Disposition to Issuer
Common Stock
2012-11-09−2,580.36→ 0 total(indirect: By ESOP)
Footnotes (5)
- [F1]Pursuant to the Agreement and Plan of Merger dated as of April 30, 2012 by and among Independent Bank Corp., Rockland Trust Company, Central Bancorp, Inc. and Central Co-operative Bank (the "Merger Agreement"), at the effective time of the merger each share of Central Bancorp common stock was exchanged for either 1.0533 shares of Independent Bank Corp. common stock, $32 in cash, or a combination of stock and cash at the reporting person's election, subject to the allocation and proration procedures contained in the Merger Agreement.
- [F2]Pursuant to the Merger Agreement, at the effective time of the merger each ESOP share was converted into the right to receive either 1.0533 shares of Independent Bank Corp. common stock, $32 in cash, or a combination of stock and cash at the reporting person's election, subject to the allocation and proration procedures contained in the Merger Agreement.
- [F3]Pursuant to the Merger Agreement, at the effective time of the merger, all restricted shares automatically vested and were exchanged for either 1.0533 shares of Independent Bank Corp. common stock, $32 in cash, or a combination of stock and cash at the reporting person's election, subject to the allocation and proration procedures contained in the Merger Agreement.
- [F4]Stock options vest in 5 equal annual installments with the first 20% vesting on January 3, 2013, the first anniversary of the date of the grant.
- [F5]Pursuant to the Merger Agreement, all stock options became fully vested and exercisable and were cancelled and the reporting person received a cash payment equal to $32 per share minus the applicable exercise price of such stock option multiplied by each stock option held.
Documents
Issuer
CENTRAL BANCORP INC /MA/
CIK 0001076394
Entity typeother
Related Parties
1- filerCIK 0001235512
Filing Metadata
- Form type
- 4
- Filed
- Nov 15, 7:00 PM ET
- Accepted
- Nov 16, 3:37 PM ET
- Size
- 13.3 KB