4//SEC Filing
Mulligan Gerald T 4
Accession 0001491877-10-000047
CIK 0001143848other
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 2:02 PM ET
Size
21.0 KB
Accession
0001491877-10-000047
Insider Transaction Report
Form 4
LSB CORPLSBX
Mulligan Gerald T
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Stock Option
2010-11-30−75→ 0 totalExercise: $16.39From: 2007-12-14Exp: 2014-12-14→ Common Stock (75 underlying) - Disposition to Issuer
Common Stock
2010-11-30$21.03/sh−1,693$35,597→ 0 total(indirect: See) - Disposition to Issuer
Common Stock
2010-11-30$21.03/sh−10,051$211,332→ 0 total(indirect: See) - Disposition to Issuer
Stock Option
2010-11-30−10,000→ 0 totalExercise: $16.41From: 2006-12-22Exp: 2013-12-22→ Common Stock (10,000 underlying) - Disposition to Issuer
Common Stock
2010-11-30$21.03/sh−74,571$1,567,930→ 0 total - Disposition to Issuer
Stock Option
2010-11-30−7,196→ 0 totalExercise: $16.39From: 2007-12-14Exp: 2014-12-14→ Common Stock (7,196 underlying) - Disposition to Issuer
Stock Option
2010-11-30−729→ 0 totalExercise: $16.39From: 2007-12-14Exp: 2014-12-14→ Common Stock (729 underlying)
Footnotes (5)
- [F1]71,777 shares owned directly by reporting person without any restrictions and 2,794 restricted shares held directly by reporting person which immediately vested upon the Effective Date.
- [F2]Each share has been converted into the right to receive $21.00 per share (the "Merger Consideration"), together with $0.026 per share, to be paid for the 26-day period between the record date of the Issuer's most recent quarterly dividend and November 30, 2010 (the "Effective Date"), pursuant to the Agreement and Plan of Merger, dated July 15, 2010, by and among People's United Financial, Inc., People's United Bank, Bridgeport Merger Corporation, LSB Corporation, and River Bank.
- [F3]The reporting person indirectly beneficially owned 1,693 shares that were held by the Employee Stock Ownership Plan.
- [F4]The reporting person indirectly beneficially owned 10,051 shares that were held by the 401K Plan.
- [F5]Each option was cancelled and converted into the right to receive a cash per share payment equal to the product of (x) the excess, if any, of the Merger Consideration over the applicable exercise price of such option and (y) the number of shares of the Issuer's common stock issuable upon exercise of the option less any applicable withholding taxes.
Documents
Issuer
LSB CORP
CIK 0001143848
Entity typeother
Related Parties
1- filerCIK 0001349252
Filing Metadata
- Form type
- 4
- Filed
- Dec 1, 7:00 PM ET
- Accepted
- Dec 2, 2:02 PM ET
- Size
- 21.0 KB