Oneida Financial Corp. 4
4 · Oneida Financial Corp. · Filed Dec 7, 2015
Insider Transaction Report
Form 4
MYERS RICHARD B
Director
Transactions
- Other
Stock Options
2015-12-04−3,000→ 0 totalExercise: $10.30From: 2013-07-24Exp: 2022-07-24→ ONFC common stock (3,000 underlying) - Other
Common stock
2015-12-04−59,276→ 0 total - Other
Common stock
2015-12-04−5,055→ 0 total(indirect: By Spouse)
Footnotes (2)
- [F1]Each share of common stock of the Issuer was converted into and became exchangeable for the right to receive at the election of the holder thereof into either (1) shares of Community Bank System, Inc. ("CBSI") common stock based upon an exchange ratio equal to 0.5635; (ii) cash, at the rate of $20.00 for each share of Issuer common stock; or (iii) a combination of such shares of CBSI common stock and cash, as set forth in the Agreement and Plan of Merger, dated as of February 24, 2015, by and between CBSI and the Issuer.
- [F2]Stock options have been canceled in exchange for a cash payment equal to the product obtained by multiplying (I) the aggregate number of shares of common stock that were issuable upon the exercise of such options and (ii) $20.00, less any exercise price payable pursuant to such options, without interest, less any required withholdings.