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4//SEC Filing

Laitsch Marshall 4

Accession 0001246360-07-003001

CIK 0001279410other
View on SEC.govCompany Profile

Filed

Oct 15, 8:00 PM ET

Accepted

Oct 16, 4:40 PM ET

Size

28.1 KB

Accession

0001246360-07-003001

Insider Transaction Report

Form 4
Period: 2007-05-31
PLACER SIERRA BANCSHARESPLSB
Laitsch Marshall
Division President
Transactions
  • Disposition to Issuer

    Common Stock

    2007-06-01−1,092→ 0 total
  • Conversion

    Common Stock

    2007-06-01−1,000→ 0 total
  • Tax Payment

    Common Stock

    2007-05-31$28.00/sh−608$17,024→ 1,092 total
  • Disposition to Issuer

    Common Stock

    2007-06-01−1,700→ 0 total
  • Disposition to Issuer

    Stock option (right to buy)

    2007-06-01−6,250→ 0 total
    Exercise: $27.63From: 2006-01-03Exp: 2015-01-03→ Common Stock (6,250 underlying)
  • Disposition to Issuer

    Stock option (right to buy)

    2007-06-01−3,750→ 0 total
    Exercise: $22.66From: 2006-03-24Exp: 2015-03-24→ Common Stock (3,750 underlying)
Footnotes (19)
  • [F1]Shares disposed pursuant to a merger between the Issuer and Wells Fargo & Company pursuant to which each share of Issuer common stock was exchanged for 0.7788 shares of Wells Fargo & Company common stock on the effective date of the merger.
  • [F10]See Footnote 4.
  • [F11]See Footnote 4.
  • [F12]See Footnote 4.
  • [F13]See Footnote 4.
  • [F14]See Footnote 4.
  • [F15]See Footnote 4.
  • [F16]See Footnote 4.
  • [F17]See Footnote 4.
  • [F18]See Footnote 4.
  • [F19]See Footnote 4.
  • [F2]See Footnote 1.
  • [F3]See Footnote 1.
  • [F4]In the merger of the Issuer and Wells Fargo & Company, each outstanding option to purchase the Issuer's common stock was converted into the right to acquire Wells Fargo & Company common stock on substantially the same terms, except that the number of options was adjusted by multiplying the number of Issuer options by 0.7788, the grnat price was adjusted by dividing the issuer grant price by 0.7788 and the options became immediately exercisable at the effective time of the merger.
  • [F5]See Footnote 4.
  • [F6]See Footnote 4.
  • [F7]See Footnote 4.
  • [F8]See Footnote 4.
  • [F9]See Footnote 4.

Documents

1 file

Issuer

PLACER SIERRA BANCSHARES

CIK 0001279410

→
Entity typeother

Related Parties

1
  • filerCIK 0001314070

Filing Metadata

Form type
4
Filed
Oct 15, 8:00 PM ET
Accepted
Oct 16, 4:40 PM ET
Size
28.1 KB
View on SEC.gov