4//SEC Filing
Mayflower Bancorp Inc 4
Accession 0001225208-13-023667
CIK 0001381639operating
Filed
Nov 17, 7:00 PM ET
Accepted
Nov 18, 10:23 AM ET
Size
14.9 KB
Accession
0001225208-13-023667
Insider Transaction Report
Form 4
Kostas Stergios
V.P., Retail Banking
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2013-11-15−425→ 0 totalExercise: $8.75From: 2011-06-09Exp: 2021-06-09→ Common Stock (425 underlying) - Disposition to Issuer
Common Stock
2013-11-15−1,100→ 0 total - Disposition to Issuer
Common Stock
2013-11-15−228→ 0 total(indirect: Restricted Stock II) - Disposition to Issuer
Stock Option (Right to Buy)
2013-11-15−2,850→ 0 totalExercise: $14.00From: 2005-12-08Exp: 2015-12-08→ Common Stock (2,850 underlying) - Disposition to Issuer
Common Stock
2013-11-15−172→ 0 total(indirect: Restricted Stock) - Disposition to Issuer
Stock Option (Right to Buy)
2013-11-15−440→ 0 totalExercise: $9.90From: 2012-05-10Exp: 2022-05-10→ Common Stock (440 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger dated as of May 14, 2013 by and among Independent Bank Corp., Rockland Trust Company, Mayflower Bancorp, Inc. and Mayflower Co-operative Bank (the "Merger Agreement"), at the effective time of the merger each share of Mayflower Bancorp common stock was exchanged for either 0.565 shares of Independent Bank Corp. common stock, $17.50 in cash, at the reporting person's election, subject to the proration procedures set forth in the Merger Agreement.
- [F2]Pursuant to the Merger Agreement, at the effective time of the merger all unvested restricted shares of Mayflower Bancorp common stock automatically vested in full and each share was exchanged for either 0.565 shares of Independent Bank Corp. common stock, $17.50 in cash, at the reporting person's election, subject to the proration procedures contained in the Merger Agreement.
- [F3]Pursuant to the Merger Agreement, at the effective time of the merger each stock option (whether vested or unvested) was cancelled and the reporting person received a cash payment equal to the product of (i) the number of Mayflower shares underlying such option, and (ii) the "option merger consideration" (as defined in Section 2.07 of the Merger Agreement) minus the option exercise price.
Documents
Issuer
Mayflower Bancorp Inc
CIK 0001381639
Entity typeoperating
IncorporatedMA
Related Parties
1- filerCIK 0001381639
Filing Metadata
- Form type
- 4
- Filed
- Nov 17, 7:00 PM ET
- Accepted
- Nov 18, 10:23 AM ET
- Size
- 14.9 KB