4//SEC Filing
Naugatuck Valley Financial Corp 4
Accession 0001225208-16-024273
CIK 0001493552operating
Filed
Jan 14, 7:00 PM ET
Accepted
Jan 15, 6:23 PM ET
Size
11.1 KB
Accession
0001225208-16-024273
Insider Transaction Report
Form 4
Calderara William C.
President & CEO
Transactions
- Disposition to Issuer
Common Stock
2016-01-15−4,114→ 0 total(indirect: By Stock Award) - Disposition to Issuer
Stock Option (right to buy)
2016-01-15−80,000→ 0 totalExercise: $7.74From: 2015-05-27Exp: 2024-05-27→ Common Stock (80,000 underlying) - Disposition to Issuer
Common Stock
2016-01-15−9,883.9→ 0 total(indirect: By KSOP) - Disposition to Issuer
Stock Option (right to buy)
2016-01-15−19,066→ 0 totalExercise: $8.60From: 2016-01-30Exp: 2025-01-30→ Common Stock (19,066 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the merger agreement between the issuer and Liberty Bank for $108,722.90 having a market value of $11.00 per share on the effective date of the merger.
- [F2]Disposed of pursuant to the merger agreement between the issuer and Liberty Bank for $45,254 having a market value of $11.00 per share on the effective date of the merger.
- [F3]This option, which provided for vesting in five equal annual installments beginning January 30, 2016, was canceled in the merger in exchange for a cash payment of $45,758, representing the positive difference between the merger consideration and the option strike price on the effective date of the merger.
- [F4]This option, which provided for vesting in five equal annual installments beginning May 27, 2015, was canceled in the merger in exchange for a cash payment of $260,800, representing the positive difference between the merger consideration and the option strike price on the effective date of the merger.
Documents
Issuer
Naugatuck Valley Financial Corp
CIK 0001493552
Entity typeoperating
Related Parties
1- filerCIK 0001493552
Filing Metadata
- Form type
- 4
- Filed
- Jan 14, 7:00 PM ET
- Accepted
- Jan 15, 6:23 PM ET
- Size
- 11.1 KB