DCB FINANCIAL CORP 4
4 · DCB FINANCIAL CORP · Filed Dec 24, 2014
Insider Transaction Report
Form 4
DCB FINANCIAL CORPDCBF.OB
Shipps Mark H
Director
Transactions
- Disposition to Issuer
DCBF Employee Stock Options-Calls
2014-12-23−1,111→ 0 totalExercise: $4.50Exp: 2022-12-21→ DCB Financial Corp Common Stock (1,111 underlying) - Award
DCB Financial Corp Common Stock
2014-12-23+1,603→ 41,286 total - Disposition to Issuer
DCBF Employee Stock Options-Calls
2014-12-23−1,429→ 0 totalExercise: $3.50Exp: 2020-12-21→ DCB Financial Corp Common Stock (1,429 underlying)
Footnotes (3)
- [F1]Aggregate number of restricted shares acquired in exchange for cancellation of options pursuant to the Issuer's option exchange offer.
- [F2]On December 23, 2014, pursuant to the Issuer's option exchange offer, the Issuer cancelled the option granted to the reporting person. In exchange for the option, the reporting person received shares of restricted stock.
- [F3]The options vest in five equal annual installments beginning one year after the grant date.