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4//SEC Filing

RUCCI WILLIAM F JR 4

Accession 0001272858-05-000002

CIK 0001044880other

Filed

Jan 10, 7:00 PM ET

Accepted

Jan 11, 1:45 PM ET

Size

11.1 KB

Accession

0001272858-05-000002

Insider Transaction Report

Form 4
Period: 2005-01-07
Transactions
  • Disposition to Issuer

    Common Stock, par value $0.01

    2005-01-07350 total
  • Disposition to Issuer

    Stock Options

    2005-01-0711,2310 total
    Exercise: $28.57From: 2004-11-17Exp: 2013-12-10Common Stock (11,231 underlying)
Footnotes (3)
  • [F1]Pursuant to the merger between Mystic Financial, Inc. (the "Issuer") and Brookline Bancorp, Inc., each share of the Issuer's common stock was converted into the right to receive either $39.00 in cash or 2.6786 shares of Brookline common stock, plus cash in lieu of any fractional share interest, subject to the allocation and proration provisions of the Agreement and Plan of Merger, dated July 7, 2004.
  • [F2]Reflects stock options granted to the reporting person under the 1999 Stock Option Plan.
  • [F3]All options vested as of November 17, 2004 pursuant to the accelerated vesting provisions of the option agreement for changes in control. The options were cancelled in connection with the merger between Mystic Financial, Inc. and Brookline Bancorp, Inc. in exchange for a cash payment equal to the excess of $39.00 over the exercise price per share, $28.57 here, multiplied by the number of shares of Mystic Financial, Inc. common stock subject to the stock option.

Issuer

MYSTIC FINANCIAL INC

CIK 0001044880

Entity typeother

Related Parties

1
  • filerCIK 0001272858

Filing Metadata

Form type
4
Filed
Jan 10, 7:00 PM ET
Accepted
Jan 11, 1:45 PM ET
Size
11.1 KB