4//SEC Filing
FARRELL S WARREN 4
Accession 0001567619-19-007934
CIK 0001522420other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 1:51 PM ET
Size
12.4 KB
Accession
0001567619-19-007934
Insider Transaction Report
Form 4
FARRELL S WARREN
Director
Transactions
- Disposition to Issuer
Common Stock
2019-04-01−56,420→ 0 total - Disposition to Issuer
Common Stock
2019-04-01−3,900→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2019-04-01−9,000→ 0 total(indirect: By LLP) - Disposition to Issuer
Common Stock
2019-04-01−15,000→ 0 total(indirect: By Spouse) - Disposition to Issuer
Stock Options
2019-04-01−45,864→ 0 totalExercise: $12.04From: 2013-11-28Exp: 2022-11-28→ Common Stock (45,864 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger dated November 26, 2018 (the "Agreement"), by and between the Issuer and the People's United Financial, Inc. ("Purchaser"), each share of Issuer common stock was converted into and became exchangeable for the right to receive 2.0 shares of Purchaser common stock.
- [F2]All unvested shares of restricted stock automatically vest in full at the Effective Time (as defined in the Agreement), to the extent not previously forfeited, and shall be considered outstanding shares of common stock entitled to receive the Merger Consideration (as defined in the Agreement).
- [F3]Each option to purchase Issuer common stock, whether vested or unvested, automatically converted to the right to receive a number of shares of Purchaser common stock equal to the quotient of (A) the product of (x) the number of shares of Issuer common stock subject to such Issuer stock option, multiplied by (y) the excess, if any, of the Per Share Stock Consideration (as defined in the Agreement) over the exercise price per share of Issuer common stock subject to such Issuer stock option divided by (B) the Purchaser share closing price, with cash payable in lieu of any fractional shares.
Documents
Issuer
BSB Bancorp, Inc.
CIK 0001522420
Entity typeother
Related Parties
1- filerCIK 0001529236
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 1:51 PM ET
- Size
- 12.4 KB