Home/Filings/4/0001262239-04-000001
4//SEC Filing

TROY FINANCIAL CORP 4

Accession 0001262239-04-000001

CIK 0001075046operating

Filed

Jan 20, 7:00 PM ET

Accepted

Jan 21, 3:43 PM ET

Size

7.5 KB

Accession

0001262239-04-000001

Insider Transaction Report

Form 4
Period: 2004-01-16
Transactions
  • Disposition to Issuer

    Employee Stock Option (Right to buy)

    2004-01-16$10.30/sh42,485$437,4940 total
    Exercise: $10.30From: 2004-01-16Exp: 2009-09-30Common Stock (42,485 underlying)
  • Sale

    Common Stock

    2004-01-16$35.50/sh27,198$965,52942,295 total
Footnotes (1)
  • [F1]This option, which provided for vesting in five equal annual installments beginning October 1, 2000, was cancelled in the merger in exchange for a cash payout of $1,070,723.96, representing the difference between the exercise price of the option and the market value of the underlying Troy Financial Corporation common stock on the effective date of the merger ($35.50 per share).

Issuer

TROY FINANCIAL CORP

CIK 0001075046

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001075046

Filing Metadata

Form type
4
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 3:43 PM ET
Size
7.5 KB