Davidsmeyer Peggy 4
4 · Jacksonville Bancorp, Inc. · Filed Jun 6, 2018
Insider Transaction Report
Form 4
Davidsmeyer Peggy
Director
Transactions
- Disposition to Issuer
Stock Option
2018-06-04−900→ 0 totalExercise: $15.65From: 2013-04-24Exp: 2022-04-24→ Common Stock (900 underlying) - Disposition to Issuer
Common Stock
2018-06-04−600→ 0 total
Footnotes (2)
- [F1]Each share of common stock was converted into and became exchangeable for the right to receive $33.70 in cash pursuant to an agreement and plan of merger between the Jacksonville Bancorp, Inc., CNB Bank Shares, Inc. and CNB Acquisition, Inc.
- [F2]The stock option was cancelled in connection with the merger and the holder received a cash payment upon such cancellation in an amount equal to $16,245.00, the product of (i) the number of shares of Issuer common stock provided for by such option and (ii) $33.70 minus $15.65, the exercise price of the option.