4//SEC Filing
WALLACE MARC 4
Accession 0001739385-18-000002
CIK 0001028734other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 8:40 PM ET
Size
10.8 KB
Accession
0001739385-18-000002
Insider Transaction Report
Form 4
WALLACE MARC
Director
Transactions
- Disposition to Issuer
Common Stock
2018-10-01−715→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2018-10-01−917→ 0 totalExercise: $12.03From: 2014-06-25Exp: 2021-06-25→ Common Stock (917 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2018-10-01−1,000→ 0 totalExercise: $13.61From: 2015-04-15Exp: 2022-04-15→ Common Stock (1,000 underlying)
Footnotes (3)
- [F1]Shares disposed of pursuant to the Agreement and Plan of Merger, dated as of June 17, 2018 (the "Merger Agreement"), by and among CoBiz Financial Inc. ("Issuer"), and BOK Financial Corporation ("BOKF Parent"), and BOKF Merger Corporation Number Sixteen ("Merger Sub"), a wholly owned subsidiary of BOKF Parent, on October 1, 2018, Issuer was merged with and into Merger Sub, with Merger Sub continuing as the surviving corporation (the "Merger"). At the time of the merger, each share of Issuer common stock was converted into the right to receive merger consideration consisting of (i) 0.17 shares of BOKF Parent common stock and (ii) $5.70 cash ("Merger Consideration").
- [F2]Stock options were fully vested and exercisable at the time of the Merger.
- [F3]Pursuant to the Agreement and Plan of Merger, dated as of June 17, 2018 (the "Merger Agreement"), by and among, CoBiz Financial Inc. ("Issuer"), and BOK Financial Corporation ("BOKF Parent"), and BOKF Merger Corporation Number Sixteen ("Merger Sub"), a wholly owned subsidiary of BOKF Parent, on October 1, 2018, Issuer was merged with and into Merger Sub, with Merger Sub continuing as the surviving corporation (the "Merger"). Outstanding and unexercised stock options were canceled and converted to the right to receive merger consideration consisting of BOKF Parent common stock and cash based on the formula described in Section 1.9 of the Merger Agreement. Each Issuer common share resulting from the cancelation and conversion of a stock option was exchanged for 0.17 shares of BOKF Parent common stock and $5.70 cash.
Documents
Issuer
COBIZ FINANCIAL INC
CIK 0001028734
Entity typeother
Related Parties
1- filerCIK 0001306578
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 8:40 PM ET
- Size
- 10.8 KB