4//SEC Filing
First Community Financial Partners, Inc. 4
Accession 0001469134-17-000134
CIK 0001469134operating
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 12:48 PM ET
Size
16.1 KB
Accession
0001469134-17-000134
Insider Transaction Report
Form 4
Pauritsch Michael F
Director
Transactions
- Disposition to Issuer
Stock Options
2017-07-02−7,500→ 0 totalExercise: $7.24Exp: 2026-01-01→ Common Stock (0 underlying) - Disposition to Issuer
Common Stock
2017-07-02−76,393→ 0 total(indirect: By Trust) - Disposition to Issuer
Stock Options
2017-07-02−7,500→ 0 totalExercise: $11.70Exp: 2028-01-01→ Common Stock (0 underlying) - Disposition to Issuer
Common Stock
2017-07-02−71,892→ 0 total - Disposition to Issuer
Stock Options
2017-07-02−7,500→ 0 totalExercise: $5.20Exp: 2025-01-01→ Common Stock (0 underlying)
Footnotes (2)
- [F1]On July 2, 2017, First Busey Corporation ("BUSE") completed the previously announced merger of First Community Financial Partners, Inc. ("FCFP") with and into BUSE, pursuant to the Agreement and Plan of Merger, dated February 6, 2017, by and between BUSE and FCFP (the "Merger Agreement"). In accordance with the terms of the Merger Agreement, at the effective time of the merger, the shares of FCFP common stock were converted into the right to receive $1.35 in cash and 0.396 shares of BUSE common stock (the "stock consideration"), with cash paid in lieu of fractional shares. Based on the closing stock price of BUSE common stock on the NASDAQ Global Select Market on June 30, 2017, the trading day immediately prior to the closing date of the merger, of $29.68, the value of the stock consideration was $11.75.
- [F2]This option, was canceled in the merger in exchange for a cash payment of $109,200, representing the difference between the exercise price of the option and the closing price of the underlying First Community common stock on June 30, 2017 ($12.90) per share).
Issuer
First Community Financial Partners, Inc.
CIK 0001469134
Entity typeoperating
IncorporatedIL
Related Parties
1- filerCIK 0001469134
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 12:48 PM ET
- Size
- 16.1 KB