4//SEC Filing
PENSECO FINANCIAL SERVICES CORP 4
Accession 0001054508-13-000062
CIK 0001054508operating
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 4:32 PM ET
Size
14.3 KB
Accession
0001054508-13-000062
Insider Transaction Report
Form 4
BEST CRAIG W
DirectorPresident & CEO
Transactions
- Disposition to Issuer
common stock
2013-11-30−358→ 0 total(indirect: PSB ESOP) - Disposition to Issuer
Stock Appreciation Right
2013-11-30−10,000→ 0 totalExercise: $43.00→ common stock (10,000 underlying) - Disposition to Issuer
Stock Appreciation Right
2013-11-30−8,500→ 0 totalExercise: $43.00→ common stock (8,500 underlying) - Disposition to Issuer
common stock
2013-11-30−8,160.412→ 0 total
Footnotes (5)
- [F1]Disposed of pursuant to the merger agreement between Issuer and Peoples Financial Services Crop.("Peoples"), pursuant to which Issuer was merged into Peoples and each share of Issuer's common stock outstanding immediately prior to the merger was exchanged for 1.3636 shares of Peoples common stock which had a market value of $34.50 at the effective date of the merger.
- [F2]This stock appreciation right vested in five equal annual tranches beginning on January 2, 2007. Each tranche will expire ten years from its vesting date.
- [F3]This stock appreciation right ("SAR") was assumed by Peoples in the merger and amended to cover 13,636 shares of Peoples common stock, with an exercise price of $31.53.
- [F4]This stock appreciation right vested in five equal annual tranches beginning on March 1, 2008. Each tranche will expire ten years from its vesting date.
- [F5]This SAR was assumed by Peoples in the merger and amended to cover 11,591 shares of Peoples common stock, with an exercise price of $27.50.
Issuer
PENSECO FINANCIAL SERVICES CORP
CIK 0001054508
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0001054508
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 4:32 PM ET
- Size
- 14.3 KB