Avenue Financial Holdings, Inc. 4
4 · Avenue Financial Holdings, Inc. · Filed Jul 6, 2016
Insider Transaction Report
Form 4
Britt April
SVP, Chief People Officer
Transactions
- Disposition to Issuer
Common Stock
2016-07-01$19.59/sh−1,553$30,423→ 0 total - Disposition to Issuer
Employee stock option (right to buy)
2016-07-01$10.00/sh−5,000$50,000→ 0 totalExercise: $10.00Exp: 2018-02-04→ Common Stock (5,000 underlying)
Footnotes (2)
- [F2]Disposed of pursuant to merger agreement between issuer and Pinnacle Financial Partners, Inc. in exchange for .36 shares of Pinnacle Financial Partners, Inc. common stock having a closing price of $48.85 per share immediately prior to the effective time of the merger and $2 per share in cash.
- [F3]This options, which vested in various installment based on time and performance-based conditions, was canceled in the merger in exchange for a cash payment of $20 per share less the $10 exercise price of the option.