4//SEC Filing
Wischnowsky Robert H 4
Accession 0001140361-12-001083
CIK 0001109525other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 9:12 PM ET
Size
26.9 KB
Accession
0001140361-12-001083
Insider Transaction Report
Form 4
Wischnowsky Robert H
Vice President
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2011-12-30$22.10/sh−11,402$251,984→ 0 totalExercise: $26.15From: 2010-08-12Exp: 2012-01-01→ Common Stock (11,402 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-12-30$17.71/sh−2,096$37,120→ 0 totalExercise: $30.54From: 2011-12-22Exp: 2012-01-01→ Common Stock (2,096 underlying) - Exercise/Conversion
Performance Share
2011-12-30−600→ 0 totalExp: 2013-03-31→ Common Stock (600 underlying) - Exercise/Conversion
Performance Share
2011-12-30−539→ 0 totalExp: 2014-03-31→ Common Stock (539 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-12-30$28.07/sh−10,000$280,700→ 0 totalExercise: $20.18From: 2009-12-15Exp: 2012-01-01→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2011-12-30+600→ 10,020 total - Exercise/Conversion
Common Stock
2011-12-30+539→ 10,559 total - Disposition to Issuer
Common Stock
2011-12-30$48.25/sh−600$28,950→ 9,959 total - Disposition to Issuer
Stock Option (right to buy)
2011-12-30$22.10/sh−1,312$28,995→ 0 totalExercise: $26.15From: 2010-08-12Exp: 2012-01-01→ Common Stock (1,312 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-12-30$22.39/sh−3,000$67,170→ 0 totalExercise: $25.86From: 2011-04-20Exp: 2012-01-01→ Common Stock (3,000 underlying) - Disposition to Issuer
Common Stock
2012-01-01−9,420→ 0 total
Footnotes (8)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of April 19, 2011 (the "Merger Agreement"), between Bancorp Rhode Island, Inc. ("BancorpRI") and Brookline Bancorp, Inc. ("Brookline"). Pursuant to the Merger Agreement, in exchange for such BancorpRI common stock the reporting person received 4.686 shares of Brookline common stock rounded down to the nearest whole share, having a market value of $8.44 per share on 12/30/2011, for approximately 47.6% of their BancorpRI common stock and cash in the amount of $48.25 per share for the remaining 52.4% of the reporting person's BancorpRI common stock, plus cash for any fractional share based on the average closing price of Brookline common stock for the ten consecutive days ending on December 23, 2011, for total consideration of $41,5503.89.
- [F2]The option was cancelled in connection with the merger of BancorpRI with and into Brookline pursuant to the terms of the Merger Agreement.
- [F3]The reporting person received $280,700.00 as consideration for the cancellation.
- [F4]The reporting person received $251,984.20 as consideration for the cancellation.
- [F5]The reporting person received $28,995.20 as consideration for the cancellation.
- [F6]The reporting person received $67,170.00 as consideration for the cancellation.
- [F7]The reporting person received $37,120.16 as consideration for the cancellation.
- [F8]Each Performance Share represented the contingent right to receive one share of BancorpRI stock upon achieving certain performance goals. In connection with the Merger, each Performance Share was cancelled for cash in the amount of 48.25 per share, for total consideration of $54,956.75.
Documents
Issuer
BANCORP RHODE ISLAND INC
CIK 0001109525
Entity typeother
Related Parties
1- filerCIK 0001451909
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 9:12 PM ET
- Size
- 26.9 KB