4//SEC Filing
CHASE BRIEN M 4
Accession 0001567619-21-017286
CIK 0000887919other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 5:14 PM ET
Size
10.2 KB
Accession
0001567619-21-017286
Insider Transaction Report
Form 4
CHASE BRIEN M
Chief Financial Officer
Transactions
- Disposition to Issuer
PFBI Common Stock
2021-09-17−44,512→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2021-09-17−4,200→ 0 totalExercise: $8.50Exp: 2030-03-18→ PFBI Common (4,200 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2021-09-17−2,100→ 0 totalExercise: $15.57Exp: 2029-03-20→ PFBI Common (2,100 underlying)
Footnotes (3)
- [F1]PFBI Common Stock disposed pursuant to merger agreement between issuer and Peoples Bancorp Inc in exchange for 25,816 shares of Peoples common stock having a market value of $30.59 per share on the effective date of the merger.
- [F2]This option, which provided for vesting in three equal annual installments beginning on 03/18/2021, was canceled in the merger in exchange for a cash payment of $38,766, representing the difference between the exercise price of the option and market value of Peoples common stock times the merger agreement exchange ratio of 0.58 shares for each PFBI common share in accordance with the merger agreement.
- [F3]This option, which provided for vesting in three equal annual installments beginning on 03/20/2020, was canceled in the merger in exchange for a cash payment of $4,536, representing the difference between the exercise price of the option and market value of Peoples common stock times the merger agreement exchange ratio of 0.58 shares for each PFBI common share in accordance with the merger agreement.
Documents
Issuer
PREMIER FINANCIAL BANCORP INC
CIK 0000887919
Entity typeother
IncorporatedWV
Related Parties
1- filerCIK 0001172037
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 5:14 PM ET
- Size
- 10.2 KB