4//SEC Filing
QUAKER CITY BANCORP INC 4
Accession 0001181431-04-042339
CIK 0000912465operating
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 3:05 PM ET
Size
20.6 KB
Accession
0001181431-04-042339
Insider Transaction Report
Form 4
HENNIGAN KATHRYN M
Corporate Secretary
Transactions
- Disposition to Issuer
Employee Stock Option
2004-08-31$23.85/sh−3,500$83,468→ 0 totalExercise: $31.15Exp: 2012-06-25→ Common Stock (3,500 underlying) - Disposition to Issuer
Common Stock
2004-08-31−23,695→ 0 total - Disposition to Issuer
Common Stock
2004-08-31−19,767→ 0 total(indirect: By ESOP) - Other
Common Stock
2004-06-24+1,069→ 19,767 total(indirect: By ESOP) - Disposition to Issuer
Employee Stock Option
2004-08-31$13.79/sh−8,700$119,973→ 0 totalExercise: $41.21Exp: 2013-06-19→ Common Stock (8,700 underlying) - Other
Common Stock
2004-03-31+1,296→ 18,698 total(indirect: By ESOP) - Disposition to Issuer
Employee Stock Option
2004-08-31$42.10/sh−12,500$526,250→ 0 totalExercise: $12.90Exp: 2009-05-20→ Common Stock (12,500 underlying) - Disposition to Issuer
Employee Stock Option
2004-08-31$31.48/sh−6,250$196,750→ 0 totalExercise: $23.52Exp: 2012-01-17→ Common Stock (6,250 underlying) - Disposition to Issuer
Employee Stock Option
2004-08-31$41.88/sh−15,625$654,375→ 0 totalExercise: $13.12Exp: 2007-07-24→ Common Stock (15,625 underlying)
Footnotes (4)
- [F1]Shares allocated to the reporting person's participant account for plan year 2003 under the Quaker City Bank Employee Stock Ownership Plan (ESOP). The shares were valued at $46.131 per share at December 31, 2003.
- [F2]Shares allocated to the reporting person's participant account for plan year 2004 under the Quaker City Bank Employee Stock Ownership Plan (ESOP). The shares were valued at $54.78 per share at April 29, 2004, the record date for the Special ESOP Allocation pursuant to the merger agreement by and among issuer, Popular, Inc. ("Popular") and Popular Acquisition Corp("Acquisition").
- [F3]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.
- [F4]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.
Documents
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, 3:05 PM ET
- Size
- 20.6 KB