Home/Filings/4/0001181431-04-042324
4//SEC Filing

QUAKER CITY BANCORP INC 4

Accession 0001181431-04-042324

CIK 0000912465operating

Filed

Aug 30, 8:00 PM ET

Accepted

Aug 31, 3:04 PM ET

Size

19.7 KB

Accession

0001181431-04-042324

Insider Transaction Report

Form 4
Period: 2004-08-31
Transactions
  • Disposition to Issuer

    Stock Option

    2004-08-31$42.90/sh6,250$268,1250 total
    Exercise: $12.10Exp: 2010-06-15Common Stock (6,250 underlying)
  • Disposition to Issuer

    Stock Option

    2004-08-31$23.85/sh5,000$119,2400 total
    Exercise: $31.15Exp: 2012-06-25Common Stock (5,000 underlying)
  • Disposition to Issuer

    Stock Option

    2004-08-31$41.88/sh7,813$327,2080 total
    Exercise: $13.12Exp: 2007-07-24Common Stock (7,813 underlying)
  • Disposition to Issuer

    Common Stock

    2004-08-319,0950 total(indirect: By Spouse)
  • Disposition to Issuer

    Common Stock

    2004-08-3136,8320 total
  • Disposition to Issuer

    Phantom Stock Units, 1-for-1

    2004-08-31$55.00/sh1,477$81,2350 total
    Common Stock (1,477 underlying)
Footnotes (5)
  • [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 vesting in three equal annual installments beginning 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.
  • [F3]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.
  • [F4]Phantom stock shares, representing the underlying common stock on a 1-for-1 basis as part of a deferred compensation plan, and canceled in the merger in exchange for $55.00 cash per share of phantom stock.
  • [F5]The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director.

Issuer

QUAKER CITY BANCORP INC

CIK 0000912465

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000912465

Filing Metadata

Form type
4
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 3:04 PM ET
Size
19.7 KB