SPROCK CHARLES M 4
4 · ROME BANCORP INC · Filed Apr 6, 2011
Insider Transaction Report
Form 4
ROME BANCORP INCROME
SPROCK CHARLES M
DirectorChariman, CEO & President
Transactions
- Disposition to Issuer
Rome Bancorp common stock par value $0.01 per share
2011-04-01−430,474→ 0 total - Disposition to Issuer
Rome Bancorp common stock par value $0.01 per share
2011-04-01−8,118→ 0 total(indirect: By Spouse) - Disposition to Issuer
Stock Options under Rome Bancorpm Inc. 2006 Stock Option Pla
2011-04-01$1.00/sh−147,500$147,500→ 0 totalExercise: $12.84Exp: 2016-05-24→ Rome Bancorp common stock par value $0.01 per share (147,500 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to merger agreement between Issuer and Berkshire Hills Bancorp, Inc. in exchange for 243,562 shares of Berkshire Hills Bancorp common stock having a market value of $21.52 per share on the effective date of the merger.
- [F2]Disposed of pursuant to merger agreement between Issuer and Berkshire Hills Bancorp, inc. in exchange for 4,593 shares of Berkshire Hills Bancorp common stock having a market value of $21.52 per share on the effective date of the merger.
- [F3]This option, which provided for vesting in five equal installments commencing May 24, 2007, was cancelled in the merger in exchange for a cash payment of $147,500.