SPROCK CHARLES M 4/A
4/A · ROME BANCORP INC · Filed Apr 6, 2011
Insider Transaction Report
Form 4/AAmended
ROME BANCORP INCROME
SPROCK CHARLES M
DirectorChariman, CEO & President
Transactions
- Disposition to Issuer
Stock Options under Rome Bancorp, Inc 2006 Stock Option Plan
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) - Disposition to Issuer
Rome Bancorp common stock par value $0.01 per share
2011-04-01−312,474→ 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)
Footnotes (2)
- [F1]Dipsosed of pursuant to merger agreement between Issuer and Berkshire Hills Bancorp, Inc. in exchange for .5658 shares of Berkshire Hills common stock or $11.25 in cash for each share of Rome Bancorp, Inc. common stock, subject to cash/stock elections and proration procedures set forth in the merger agreement.
- [F2]This option, which provided for vesting in five equal annual installments commencing on May 24, 2007, was cancelled in exchange for a cash payment of $147,500.