Rennie Thomas J 4
4 · Standard AVB Financial Corp. · Filed May 28, 2021
Insider Transaction Report
Form 4
Rennie Thomas J
Director
Transactions
- Disposition to Issuer
Common Stock
2021-05-28−14,326→ 0 total - Disposition to Issuer
Common Stock
2021-05-28−50→ 0 total(indirect: By Children) - Disposition to Issuer
Common Stock
2021-05-28−50→ 0 total(indirect: By Children) - Disposition to Issuer
Common Stock
2021-05-28−2,000→ 0 total(indirect: By Children) - Disposition to Issuer
Common Stock
2021-05-28−5,000→ 0 total(indirect: By IRA) - Disposition to Issuer
Stock Option (right to buy)
2021-05-28−7,995→ 0 totalExercise: $16.50From: 2013-07-25Exp: 2022-07-25→ Common Stock (7,995 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of September 24, 2020, by and among Dollar Mutual Bancorp ("Dollar"), Dollar Acquisition Sub, Inc. ("Merger Sub"), and Standard AVB Financial Corp. ("Standard"). Standard merged with and into Dollar, with Dollar continuing as the surviving entity (the "Merger"). At the effective time of the Merger (the "Effective Time"), each share of Standard common stock issued and outstanding immediately prior to such time was converted into the right to receive $33.00, in cash, without interest.
- [F2]At the Effective Time, pursuant to the Agreement and Plan of Merger, dated as of September 24, 2020, by and among Dollar, Merger Sub and Standard, all stock options were cancelled and converted into the right to receive a cash payment equal to $33.00 per share, without interest, minus the applicable exercise price of such stock option.