Home/Filings/4/0001225208-12-023349
4//SEC Filing

FEELEY PAUL S 4

Accession 0001225208-12-023349

CIK 0001076394other

Filed

Nov 15, 7:00 PM ET

Accepted

Nov 16, 3:38 PM ET

Size

13.3 KB

Accession

0001225208-12-023349

Insider Transaction Report

Form 4
Period: 2012-11-09
FEELEY PAUL S
Sr. VP, Treasurer & CFO
Transactions
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2012-11-097,4660 total
    Exercise: $17.50Exp: 2022-01-03Common Stock (7,466 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2012-11-093,9950 total
    Exercise: $28.99From: 2005-03-17Exp: 2015-03-17Common Stock (3,995 underlying)
  • Disposition to Issuer

    Common Stock

    2012-11-098,459.950 total(indirect: By ESOP)
  • Disposition to Issuer

    Common Stock

    2012-11-093,0000 total
  • Disposition to Issuer

    Common Stock

    2012-11-091,8000 total(indirect: Restricted Stock II)
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

1 file

Issuer

CENTRAL BANCORP INC /MA/

CIK 0001076394

Entity typeother

Related Parties

1
  • filerCIK 0001235509

Filing Metadata

Form type
4
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 3:38 PM ET
Size
13.3 KB