BCSB Bancorp Inc. 4
4 · BCSB Bancorp Inc. · Filed Feb 19, 2014
Insider Transaction Report
Form 4
LOUGHRAN WILLIAM M
Director
Transactions
- Disposition to Issuer
Common Stock
2014-02-14−4,715→ 0 total(indirect: By deferred compensation plan) - Disposition to Issuer
Stock Option (Right to Buy)
2014-02-14−6,169→ 0 totalExercise: $10.29Exp: 2020-11-01→ Common Stock (6,169 underlying) - Disposition to Issuer
Common Stock
2014-02-14−14,274→ 0 total - Disposition to Issuer
Common Stock
2014-02-14−8,139→ 0 total(indirect: By IRA)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger dated as of June 13, 2013 by and between F.N.B. Corporation ("FNB") and BCSB Bancorp, Inc. ("BCSB") (the "Merger Agreement"), at the effective time of the merger each share of BCSB common stock was converted and exchanged for 2.080 shares of FNB common stock, with cash issued in lieu of fractional shares. Shares of converted unvested restricted stock retained their respective vesting and other terms and conditions.
- [F2]Vested account balances were converted in accordance with the Merger Agreement.
- [F3]Pursuant to the Merger Agreement, each outstanding stock option to purchase BCSB common stock was converted into an option to purchase a number of shares of FNB common stock equal to the number of BCSB shares underlying such option immediately prior to the merger multiplied by 2.080 (rounded down to the next nearest whole share). Converted stock options retain their respective vesting schedules and terms and conditions.