4//SEC Filing
Calhoun Stephen 4
Accession 0001225208-12-023341
CIK 0001076394other
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 3:37 PM ET
Size
11.4 KB
Accession
0001225208-12-023341
Insider Transaction Report
Form 4
Calhoun Stephen
Sr. VP--Chief Information Off.
Transactions
- Disposition to Issuer
Common Stock
2012-11-09−1,020→ 0 total(indirect: Restricted Stock II) - Disposition to Issuer
Stock Option (Right to Buy)
2012-11-09−5,000→ 0 totalExercise: $31.20From: 2006-10-19Exp: 2016-10-19→ Common Stock (5,000 underlying) - Disposition to Issuer
Common Stock
2012-11-09−2,695.41→ 0 total(indirect: By ESOP) - 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)
Footnotes (4)
- [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, 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.
- [F2]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.
- [F3]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.
- [F4]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 0001321173
Filing Metadata
- Form type
- 4
- Filed
- Nov 15, 7:00 PM ET
- Accepted
- Nov 16, 3:37 PM ET
- Size
- 11.4 KB