Home/Filings/4/0001181431-07-009085
4//SEC Filing

UNITED FINANCIAL CORP \MN\ 4

Accession 0001181431-07-009085

CIK 0001011309operating

Filed

Feb 6, 7:00 PM ET

Accepted

Feb 7, 12:23 PM ET

Size

16.3 KB

Accession

0001181431-07-009085

Insider Transaction Report

Form 4
Period: 2007-02-06
JOHNSON RENAE MARIE
SECRETARYOther
Transactions
  • Disposition to Issuer

    Employee stock option

    2007-02-06$24.44/sh625$15,2750 total
    Exercise: $20.20From: 2007-02-06Exp: 2015-10-31common stock (625 underlying)
  • Disposition to Issuer

    Employee stock option

    2007-02-06$24.44/sh206.25$5,0410 total
    Exercise: $7.21From: 2007-02-06Exp: 2010-05-23common stock (206.25 underlying)
  • Disposition to Issuer

    Employee stock option

    2007-02-06$24.44/sh1,031.25$25,2040 total
    Exercise: $11.35From: 2007-02-06Exp: 2012-05-21common stock (1,031.25 underlying)
  • Disposition to Issuer

    Employee stock option

    2007-02-06$24.44/sh618.75$15,1220 total
    Exercise: $8.56From: 2007-02-06Exp: 2011-05-22common stock (618.75 underlying)
  • Disposition to Issuer

    Employee stock option

    2007-02-06$24.44/sh250$6,1100 total
    Exercise: $19.89From: 2007-02-06Exp: 2014-05-25common stock (250 underlying)
  • Disposition to Issuer

    Common Stock

    2007-02-06444.980 total
Footnotes (2)
  • [F1]Shares disposed of pursuant to that certain Agreement and Plan of Merger dated November 6, 2006 between the Company, U.S. Bancorp, and Cascade Acquisition Corporation (the "Agreement") pursuant to which each share of the Company's common stock outstanding at the effective time of the merger is converted into the right to receive 0.6825 shares of U.S. Bancorp common stock and each fractional share of the Company's common stock outstanding at the effective time of the merger is converted into the right to receive an amount in cash equal to the fraction multiplied by $24.44.
  • [F2]Pursuant to Agreement, all options to purchase Company common stock outstanding at the effective time of the merger became fully vested, were cancelled and were converted into the right to receive the excess, if any, of $24.44 over the exercise price of the stock option for each share of the Company's common stock subject to the option, less applicable withholding tax and without interest.

Documents

1 file

Issuer

UNITED FINANCIAL CORP \MN\

CIK 0001011309

Entity typeoperating
IncorporatedMN

Related Parties

1
  • filerCIK 0001011309

Filing Metadata

Form type
4
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 12:23 PM ET
Size
16.3 KB