SPENGLER RICHARD 4
4 · Investors Bancorp, Inc. · Filed Apr 7, 2022
Insider Transaction Report
Form 4
SPENGLER RICHARD
Exec VP
Transactions
- Other
Common Stock
2022-04-06−574,955→ 0 total - Other
Stock Options
2022-04-06−413,333→ 0 totalExercise: $12.54From: 2016-06-23Exp: 2025-06-23→ Common Stock (413,333 underlying) - Other
Common Stock
2022-04-06−15,877→ 0 total(indirect: By 401(k)) - Other
Common Stock
2022-04-06−45,140→ 0 total(indirect: By ESOP)
Footnotes (2)
- [F1]Each share of common stock was converted into and became exchangeable for the right to receive (i) $1.46 in cash and (ii) 0.297 of a share of Citizens Financial Group. Inc. common stock.
- [F2]Each option was converted into an option to purchase a number of shares of Citizens Financial Group Inc.'s common stock (rounded down to the nearest whole share) determined by multiplying (i) the number of shares of Investors Bancorp Inc. common stock subject to such stock option by (ii) 0.3272, at a per share exercise price (rounded up to the nearest whole cent) equal to the quotient obtained by dividing (a) the per share exercise price for each share of Investors Bancorp, Inc. common stock subject to such option by (b) 0.0302.