FAUST MARCUS 4
4 · TOWER BANCORP INC · Filed Apr 1, 2009
Insider Transaction Report
Form 4
FAUST MARCUS
Director
Transactions
- Award
Common Stock
2009-03-31+67,212→ 67,212 total - Award
Director Stock Option (right to buy)
2009-03-31+1,260→ 1,260 totalExercise: $30.96From: 2009-03-31Exp: 2018-07-17→ Common Stock (1,260 underlying)
Footnotes (2)
- [F1]Received in exchange for 160,030 shares of Graystone Financial Corp. common stock in connection with merger of Graystone Financial Corp. into Tower Bancorp, Inc. (the "Merger"). Pursuant to the Agreement and Plan of Merger, dated November 12, 2008, each share of Graystone Financial Corp. was exchanged for 0.42 shares of Tower Bancorp, Inc. common stock.
- [F2]Received in the Merger in exchange for a director stock option to acquire 3,000 shares of Graystone Financial Corp. common stock for $13.00 per share.