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4//SEC Filing

SERVICE BANCORP INC 4

Accession 0001455244-09-000065

CIK 0001063939operating

Filed

Jul 5, 8:00 PM ET

Accepted

Jul 6, 10:36 AM ET

Size

8.0 KB

Accession

0001455244-09-000065

Insider Transaction Report

Form 4
Period: 2009-06-30
Transactions
  • Disposition to Issuer

    Stock Option (right to buy)

    2009-06-302000 total
    Exercise: $7.50Exp: 2009-10-26Common Stock (200 underlying)
  • Disposition to Issuer

    Common Stock

    2009-06-30$28.00/sh1,700$47,6000 total
Footnotes (2)
  • [F1]Pursuant to the Agreement and Plan of Merger, dated as of December 8, 2008 and amended as of March 18, 2009 (the "Merger Agreement"), by and among, on the one hand, Middlesex Savings Bank, a Massachusetts-chartered savings bank (the "Bank"), and Middlesex Bancorp, MHC, a Massachusetts-chartered mutual holding company and sole stockholder of the Bank, and, on the other hand, Strata Bank, a Massachusetts-chartered savings bank ("Strata Bank"), Service Bancorp, Inc., a Massachusetts corporation and the sole shareholder of Strata Bank ("Service"), and Service Bancorp, M.H.C., a Massachusetts-chartered mutual holding company and the majority shareholder of Service, all shares owned by the Reporting Person were exchanged for the per share merger consideration of $28.00.
  • [F2]This option, which provided for vesting in five equal annual installments, was cancelled in the Merger for a cash payment of $4,100, representing the difference between the exercise price of the option and the per share merger consideration of $28.00.

Issuer

SERVICE BANCORP INC

CIK 0001063939

Entity typeoperating
IncorporatedMA

Related Parties

1
  • filerCIK 0001063939

Filing Metadata

Form type
4
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 10:36 AM ET
Size
8.0 KB