DePerrior Dawn 4
4 · FSB Bancorp, Inc. · Filed May 1, 2020
Insider Transaction Report
Form 4
DePerrior Dawn
Director
Transactions
- Disposition to Issuer
Common Stock
2020-05-01−4,000→ 0 total - Disposition to Issuer
Stock Options
2020-05-01−7,000→ 0 totalExercise: $16.72From: 2018-10-02Exp: 2027-10-02→ Common Stock (7,000 underlying)
Footnotes (2)
- [F1]Each share of Issuer common stock was converted into and became exchangeable for the right to receive, at the election of the holder, (i) $17.80 in cash and (ii) 0.4394 shares of Evans Bancorp, Inc. ("Buyer") common stock.
- [F2]Each option to purchase Issuer common stock, whether vested or unvested, automatically converted to the right to receive a cash payment equal to (i) the number of shares of Issuer common stock provided for in such option and (ii) the excess, if any, of $17.80 over the exercise price per share of Issuer common stock provided for in such option, which cash payment shall be made without interest and shall be net of all applicable withholding taxes.