4//SEC Filing
TEXAS UNITED BANCSHARES INC 4
Accession 0001181431-07-008101
CIK 0001169238operating
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 4:51 PM ET
Size
9.7 KB
Accession
0001181431-07-008101
Insider Transaction Report
Form 4
KALICH JONATHON
COO of State Bank
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2007-01-31−4,500→ 0 totalExercise: $11.33Exp: 2011-07-24→ Common Stock (4,500 underlying) - Disposition to Issuer
Common Stock
2007-01-31−11,067→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2007-01-31−2,000→ 0 totalExercise: $18.00Exp: 2015-03-24→ Common Stock (2,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the merger agreement between the issuer and Prosperity Bancshares, Inc. in exchange for 11,067 shares of Prosperity common stock, having a market value of $35.00 per share on the effective date of the merger.
- [F2]This option, which provided for 33.33% annual vesting over a three year period begining on July 24, 2001, was assumed by Prosperity Bancshares, Inc. in the merger and converted into an option to purchase 4,500 shares of Prosperity common stock for $11.33 per share.
- [F3]This option, which provided for 20% annual vesting over a five year period begining on March 24, 2005, was assumed by Prosperity Bancshares, Inc. in the merger and converted into an option to purchase 2,000 shares of Prosperity common stock for $18.00 per share and became fully vested pursuant to the terms of the merger agreement.
Documents
Issuer
TEXAS UNITED BANCSHARES INC
CIK 0001169238
Entity typeoperating
IncorporatedTX
Related Parties
1- filerCIK 0001169238
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 4:51 PM ET
- Size
- 9.7 KB