4//SEC Filing
WAYNE RICHARD 4
Accession 0001437749-19-010261
CIK 0000811831other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 4:45 PM ET
Size
15.2 KB
Accession
0001437749-19-010261
Insider Transaction Report
Form 4
WAYNE RICHARD
DirectorChief Executive Officer
Transactions
- Other
Voting Common Stock
2019-05-15−43,334→ 0 total - Other
Voting Common Stock
2019-05-15−264,855→ 0 total(indirect: By Trust) - Other
Voting Common Stock
2019-05-15−97,202→ 0 total(indirect: By Trust) - Other
Stock Option (Right to Buy)
2019-05-15−118,808→ 0 totalExercise: $13.93From: 2016-12-29Exp: 2020-12-29→ Voting Common Stock (118,808 underlying) - Other
Stock Option (Right to Buy)
2019-05-15−49,589→ 0 totalExercise: $9.38From: 2018-01-31Exp: 2023-01-31→ Voting Common Stock (49,589 underlying) - Other
Stock Option (Right to Buy)
2019-05-15−118,808→ 0 totalExercise: $13.93From: 2017-09-19Exp: 2020-12-29→ Voting Common Stock (118,808 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of January 7, 2019 (the "Merger Agreement"), between Northeast Bancorp (the "Company") and Northeast Bank (the "Bank"). Pursuant to the Merger Agreement, in exchange for each share of Company common stock the reporting person received one share of Bank common stock.
- [F2]These shares are owned directly by the Richard Wayne Revocable Trust.
- [F3]These shares are owned directly by the Richard Wayne Irrevocable Trust.
- [F4]Non-qualified time-based stock option awards granted to the reporting person under the Northeast Bancorp Amended and Restated 2010 Stock Option and Incentive Plan. Disposed of pursuant to the Merger Agreement. Pursuant to the Merger Agreement, the stock options were assumed by the Bank and for each outstanding stock option to buy Company common stock the reporting person received one stock option to buy Bank common stock at the same exercise price.
- [F5]Non-qualified performance-based stock option awards granted to the reporting person under the Northeast Bancorp Amended and Restated 2010 Stock Option and Incentive Plan. Disposed of pursuant to the Merger Agreement. Pursuant to the Merger Agreement, the stock options were assumed by the Bank and for each outstanding stock option to buy Company common stock the reporting person received one stock option to buy Bank common stock at the same exercise price.
Documents
Issuer
NORTHEAST BANCORP /ME/
CIK 0000811831
Entity typeother
Related Parties
1- filerCIK 0001227298
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 4:45 PM ET
- Size
- 15.2 KB