Delanco Bancorp, Inc. 4
4 · Delanco Bancorp, Inc. · Filed Oct 18, 2013
Insider Transaction Report
Form 4
VERNER JAMES W
Director
Transactions
- Other
Common Stock
2013-10-16+3,535→ 3,535 total - Award
Stock Option (Right-to-Buy)
2013-10-16+1,000→ 1,000 totalExercise: $8.00From: 2014-10-16Exp: 2023-10-16→ Common Stock (1,000 underlying) - Purchase
Common Stock
2013-10-16$8.00/sh+3,000$24,000→ 3,000 total(indirect: By IRA) - Other
Common Stock
2013-10-16+2,404→ 2,404 total(indirect: By Spouse)
Footnotes (2)
- [F1]Pursuant to the Plan of Conversion and Reorganization of Delanco MHC, Delanco Bancorp, Inc. and Delanco Federal Savings Bank, each share of common stock of Delanco Bancorp, Inc. (federal corporation) was exchanged for 0.5711 shares of common stock of Delanco Bancorp, Inc. (New Jersey corporation).
- [F2]Stock Options granted pursuant to the Delanco Bancorp, Inc. 2008 Equity Incentive Plan vest in five annual installments commencing on October 16, 2014.