4//SEC Filing
UNITED FINANCIAL CORP \MN\ 4
Accession 0001181431-07-009086
CIK 0001011309operating
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 12:24 PM ET
Size
16.1 KB
Accession
0001181431-07-009086
Insider Transaction Report
Form 4
Transactions
- Disposition to Issuer
Employee stock option
2007-02-06$24.44/sh−500$12,220→ 0 totalExercise: $19.89From: 2007-02-06Exp: 2014-05-25→ common stock (500 underlying) - Disposition to Issuer
Employee stock option
2007-02-06$24.44/sh−703.75$17,200→ 0 totalExercise: $13.97From: 2007-02-06Exp: 2013-05-20→ common stock (703.75 underlying) - Disposition to Issuer
Employee stock option
2007-02-06$24.44/sh−799.375$19,537→ 0 totalExercise: $11.35From: 2007-02-06Exp: 2012-05-21→ common stock (799.375 underlying) - Disposition to Issuer
Common Stock
2007-02-06−5,214.83→ 0 total - Disposition to Issuer
Common Stock
2007-02-06−1,840→ 0 total(indirect: By Spouse) - Disposition to Issuer
Employee stock option
2007-02-06$24.44/sh−1,250$30,550→ 0 totalExercise: $20.20From: 2007-02-06Exp: 2015-10-31→ common stock (1,250 underlying)
Footnotes (3)
- [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.
- [F2]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.
- [F3]Pursuant to Agreement, all options to purchase Company common stock 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
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, 12:24 PM ET
- Size
- 16.1 KB