STATEN ISLAND BANCORP INC 4
4 · STATEN ISLAND BANCORP INC · Filed Apr 13, 2004
Insider Transaction Report
Form 4
SALNER SCOTT
Controller
Transactions
- Disposition to Issuer
Stock Options (Right to buy)
2004-04-12−65,000→ 0 totalExercise: $11.44From: 1999-07-10Exp: 2008-07-10→ Common Stock (65,000 underlying) - Disposition to Issuer
Stock Options (Right to buy)
2004-04-12−9,000→ 0 totalExercise: $14.38From: 2002-11-28Exp: 2011-11-28→ Common Stock (9,000 underlying) - Disposition to Issuer
Stock Options (Right to buy)
2004-04-12−6,454→ 0 totalExercise: $20.10From: 2003-12-18Exp: 2012-12-18→ Common Stock (6,454 underlying) - Disposition to Issuer
Common Stock
2004-04-12−4,978.505→ 0 total(indirect: 401 (k)) - Disposition to Issuer
Common Stock
2004-04-12−10,000→ 0 total - Disposition to Issuer
Common Stock
2004-04-12−18,957.733→ 0 total(indirect: ESOP)
Footnotes (4)
- [F1]Pursuant to the merger between Staten Island Bancorp,Inc. ( the "Issuer") and Independence Community Bank Corp. ("ICBC") each share of the Issuer's common stock was converted into the right to receive either $24.3208 in cash or 0.6195 shares of ICB common stock, subject to the allocation and proration provisions of the merger agreement.
- [F2]The option, which originally would vest over five years commencing on 7/10/99 became fully exercisable on April 12, 2004 and was converted into an option to acquire 40,268 shares of ICBC common stock at $18.4625 per share.
- [F3]The option, which originally would vesy over five years commencing on 11/28/02 became fully exercisable on April 12, 2004 and waaas converted into an option to acquire 5,576 shares of ICBC common stock at $23.2123 per share.
- [F4]The option, which originally would vest over four years commencing on 12/18/03 became fully exercisable on April 12, 2004 and was converted inyo an option to acquire 3,998 shares of ICBC common stock at $32.4455 per share.