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4//SEC Filing

KOVAL DONITA R 4

Accession 0001243794-07-000018

CIK 0000705671other

Filed

Oct 2, 8:00 PM ET

Accepted

Oct 3, 11:05 AM ET

Size

24.2 KB

Accession

0001243794-07-000018

Insider Transaction Report

Form 4
Period: 2007-08-28
KOVAL DONITA R
EVP and COO
Transactions
  • Other

    Option (right to buy)

    2007-08-28$37.41/sh5,372$200,9675,372 total
    Exercise: $37.41From: 2005-01-01Exp: 2014-01-01common stock (5,372 underlying)
  • Other

    Option (right to buy)

    2007-08-02$29.79/sh7,500$223,4257,500 total
    Exercise: $29.79From: 2006-12-19Exp: 2015-12-19common stock (7,500 underlying)
  • Other

    Option (right to buy)

    2007-08-28$33.50/sh3,750$125,6253,750 total
    Exercise: $33.50From: 1999-01-01Exp: 2008-01-01common stock (3,750 underlying)
  • Other

    Option (right to buy)

    2007-08-28$32.05/sh5,000$160,2505,000 total
    Exercise: $32.05From: 2003-01-01Exp: 2012-01-01common stock (5,000 underlying)
Footnotes (5)
  • [F1]Pursuant to a Post Nuptial Divorce Settlement entered into and approved by the court on August 28, 2007, the reporting person agreed that her ex-spouse would be entitled to receive a portion (as indicated in the footnotes below) of the net proceeds (i.e. proceeds after deducting the exercise price, taxes and any other out-of-pocket expenses) of any exercise and sale of the stock options of the reporting person listed in Table II. Accordingly, the reporting person disclaims beneficial interest in that portion of the net proceeds payable to her ex-spouse. The original grant of these options was previously reported on the reporting person's beneficial ownership reports. All of the options are currently exercisable and will continue to be held by the reporting person.
  • [F2]The ex-spouse is entitled to receive 55% of the net proceeds upon exercise of these options.
  • [F3]The ex-spouse is entitled to receive 50% of the net proceeds upon exercise of these options.
  • [F4]The ex-spouse is entitled to receive 45% of the net proceeds upon exercise of these options.
  • [F5]The ex-spouse is entitled to receive 40% of the net proceeds upon exercise of these options.

Issuer

OMEGA FINANCIAL CORP /PA/

CIK 0000705671

Entity typeother

Related Parties

1
  • filerCIK 0001243794

Filing Metadata

Form type
4
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 11:05 AM ET
Size
24.2 KB