Cama Domenick A 4
4 · Investors Bancorp, Inc. · Filed Jul 22, 2019
Insider Transaction Report
Form 4
Cama Domenick A
DirectorSr Exec VP & COO
Transactions
- Award
Common Stock
2019-07-22+740,000→ 1,298,309 total - Disposition to Issuer
Common Stock
2019-07-22−740,000→ 558,309 total - Disposition to Issuer
Stock Options
2019-07-22−1,066,667→ 0 totalExercise: $12.54From: 2016-06-23Exp: 2025-06-23→ Common Stock (1,066,667 underlying) - Award
Stock Options
2019-07-22+420,096→ 420,096 totalExercise: $12.54From: 2019-07-22Exp: 2025-06-23→ Common Stock (420,096 underlying)
Holdings
- 72,391(indirect: By Trust)
Common Stock
- 12,888(indirect: By 401(k))
Common Stock
- 37,621(indirect: By ESOP)
Common Stock
Footnotes (3)
- [F1]Reflects shares of restricted stock and stock options forfeited in accordance with the settlement of a lawsuit involving Investors Bancorp, Inc. (the "Company") and certain of its current and former directors in the Court of Chancery of the State of Delaware entitled In re Investors Bancorp Inc. Stockholder Litigation, C.A. No. 12327-VCS (the "Settlement"). The Settlement resolves a lawsuit challenging the equity compensation granted on or about June 23, 2015 to persons who were then-directors of the Company. Disposition includes all related activity for the surrender including shares withheld for tax purposes. See Form 8-K filed on July 22, 2019 for further details.
- [F2]Reflects a replacement equity grant. Shares of restricted stock in the amount of 436,190 vest immediately upon grant and the remaining shares of restricted stock vest at a rate of 33.3% per year commencing on June 23, 2020.
- [F3]Reflects a replacement equity grant. Stock options in the amount of 105,024 vest immediately upon grant and the remaining stock options vest at a rate of 33.3% per year commencing on June 23, 2020.