4//SEC Filing
DCB FINANCIAL CORP 4
Accession 0001225208-17-007572
CIK 0001025877operating
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 9:49 AM ET
Size
11.9 KB
Accession
0001225208-17-007572
Insider Transaction Report
Form 4
DCB FINANCIAL CORPDCBF.OB
Lossing Roger Alan
SVP Wealth Management
Transactions
- Disposition to Issuer
DCB Financial Corp Common Stock
2017-04-03−27,227→ 0 total - Disposition to Issuer
DCB Financial Corp Common Stock
2017-04-03−5,305.01→ 0 total(indirect: By 401(k)) - Disposition to Issuer
DCBF Employee Stock Options-Calls
2017-04-03$14.19/sh−644$9,138→ 0 totalExercise: $4.50Exp: 2022-12-21→ DCB Financial Corp Common Stock (644 underlying) - Tax Payment
DCB Financial Corp Common Stock
2017-04-03$18.04/sh−653$11,780→ 27,227 total - Disposition to Issuer
DCB Financial Corp Common Stock
2017-04-03−35,003→ 0 total(indirect: By IRA)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger by and between DCB Financial Corp and First Commonwealth Financial Corporation, dated October 2, 2016, each DCB Financial Corp common share was exchanged for either 1.427 shares of First Commonwealth Financial Corporation common stock or $14.50 in cash, without interest, plus in each case, cash in lieu of any fractional share interest, in accordance with the reporting person's election and the allocation and proration procedures contained in the Agreement and Plan of Merger.
- [F2]This option, which provided for vesting in five equal annual installments beginning December 21, 2013, was canceled in the merger in exchange for a cash payment of $9,138.36, representing the difference between the exercise price of the option and (i) the average of the daily closing prices of First Commonwealth Financial Corporation common stock on the New York Stock Exchange for the five consecutive trading days immediately prior to April 3, 2017, multiplied by (ii) the exchange ratio of 1.427, which equals $18.69 per share.
Documents
Issuer
DCB FINANCIAL CORP
CIK 0001025877
Entity typeoperating
IncorporatedOH
Related Parties
1- filerCIK 0001025877
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 9:49 AM ET
- Size
- 11.9 KB