MULHOLLAND DANIEL B 5
5 · KNBT BANCORP INC · Filed Feb 14, 2005
Insider Transaction Report
Form 5
KNBT BANCORP INCKNBT
MULHOLLAND DANIEL B
Director
Transactions
- Award
KNBT Common Stock
2003-10-31+990→ 4,624 total
Holdings
- 3,700
Director Stock Option (right to buy)
Exercise: $6.44From: 2003-10-31Exp: 2013-01-16→ Common Stock (3,700 underlying) - 1,554(indirect: By Spouse)
KNBT Common Stock
- 2,000
Director Stock Option (right to buy)
Exercise: $15.84Exp: 2015-01-24→ Common Stock (2,000 underlying) - 3,548(indirect: By Spouse)
KNBT Common Stock
- 5,469
Director Stock Option (right to buy)
Exercise: $3.03From: 2003-10-31Exp: 2005-04-20→ Common Stock (5,469 underlying) - 5,461
Director Stock Option (right to buy)
Exercise: $4.03From: 2003-10-31Exp: 2010-04-20→ Common Stock (5,461 underlying) - 8,159
Director Stock Option (right to buy)
Exercise: $4.27From: 2003-10-31Exp: 2011-06-21→ Common Stock (8,159 underlying) - 25,000
Director Stock Option (right to buy)
Exercise: $16.50Exp: 2014-05-06→ Common Stock (25,000 underlying) - 3,885
Director Stock Option (right to buy)
Exercise: $5.78From: 2003-10-31Exp: 2012-01-17→ Common Stock (3,885 underlying)
Footnotes (3)
- [F1]The options vest in eight equal annual installments beginning on the first anniversary of the date of grant.
- [F2]Received in the merger of First Colonial Group, Inc. into the Issuer in exchange for a stock option to acquire shares of First Colonial common stock.
- [F3]The 990 shares of the Issuer were received in exchange for shares of First Colonial Group, Inc. ("First Colonial") common stock in connection with the merger of First Colonial into KNBT Bancorp, Inc. (the "Merger"). On the effective date of the Merger, the closing price of First Colonial's common stock was $63.35 per share and market value of the Issuer's common stock was $10.00 per share.