QUAKER CITY BANCORP INC 4
4 · QUAKER CITY BANCORP INC · Filed Aug 31, 2004
Insider Transaction Report
Form 4
ENGELMAN DAVID S
Director
Transactions
- Disposition to Issuer
Common Stock
2004-08-31−1,875→ 0 total - Disposition to Issuer
Stock Option
2004-08-31$23.85/sh−5,000$119,240→ 0 totalExercise: $31.15Exp: 2012-06-25→ Common Stock (5,000 underlying)
Holdings
- 0(indirect: No indirect ownership holdings)
Common Stock
Footnotes (2)
- [F1]Disposed of pursuant to the merger agreement by and among issuer, Popular, Inc. ("Popular") and Popular Acquisition Corp.("Acquisition")in exchange for $55.00 per share cash consideration.
- [F2]This option, which provided for full vesting on the first anniversary of the grant date, was canceled in the merger with Acquisition in exchange for a cash payment representing the product of the difference between the per share exercise price of the option and $55.00 cash times the number of shares of common stock underlying the option.