4//SEC Filing
FEATHER JEFFREY P 4
Accession 0001236964-08-000051
CIK 0001236964other
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 5:17 PM ET
Size
17.9 KB
Accession
0001236964-08-000051
Insider Transaction Report
Form 4
KNBT BANCORP INCKNBT
FEATHER JEFFREY P
Director
Transactions
- Disposition to Issuer
Common Stock
2008-02-01−51,500→ 0 total(indirect: By IRA) - Disposition to Issuer
Director Stock Option (right to buy)
2008-02-01−2,500→ 0 totalExercise: $16.56From: 2007-01-23Exp: 2016-01-23→ Common Stock (2,500 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2008-02-01−25,000→ 0 totalExercise: $16.50From: 2005-05-06Exp: 2014-05-06→ Common Stock (25,000 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2008-02-01−2,000→ 0 totalExercise: $15.84From: 2006-01-24Exp: 2015-01-24→ Common Stock (2,000 underlying) - Disposition to Issuer
Common Stock
2008-02-01−323,169→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2008-02-01−3,000→ 0 totalExercise: $16.40From: 2008-01-26Exp: 2017-01-26→ Common Stock (3,000 underlying) - Disposition to Issuer
Common Stock
2008-02-01−15,450→ 0 total(indirect: cust for son under PUGMA)
Footnotes (5)
- [F1]Pursuant to the merger between KNBT Bancorp, Inc. (the "Issuer") and National Penn Bancshares ("NPBC") each share of the Issuer's common stock was converted to the right to receive 1.03 shares of NPBC common stock according to the provisions of the merger agreement.
- [F2]The option which originally would vest over five years commencing on January 26, 2008 became fully exercisable on February 1, 2008 and was converted into an option to acquire 3,090 shares of NPBC common stock at 15.93 per share.
- [F3]The option which originally would vest over five years commencing on January 23, 2007 became fully exercisable on February 1, 2008 and was converted into an option to acquire 2,575 shares of NPBC common stock at 16.08 per share.
- [F4]The option which originally would vest over eight years commencing on January 24, 2006 became fully exercisable on February 1, 2008 and was converted into an option to acquire 2,060 shares of NPBC common stock at 15.38 per share.
- [F5]The option which originally would vest over eight years commencing on May 6, 2005 became fully exercisable on February 1, 2008 and was converted into an option to acquire 25,750 shares of NPBC common stock at $16.02 per share.
Documents
Issuer
KNBT BANCORP INC
CIK 0001236964
Entity typeother
Related Parties
1- filerCIK 0001262725
Filing Metadata
- Form type
- 4
- Filed
- Feb 4, 7:00 PM ET
- Accepted
- Feb 5, 5:17 PM ET
- Size
- 17.9 KB