STATEN ISLAND BANCORP INC 4
4 · STATEN ISLAND BANCORP INC · Filed Apr 13, 2004
Insider Transaction Report
Form 4
MATTHEWS CRAIG G
Director
Transactions
- Disposition to Issuer
Common Stock
2004-04-12−1,000→ 0 total - Disposition to Issuer
Stock Options (Right to buy)
2004-04-12−25,000→ 0 totalExercise: $20.39From: 2004-11-17Exp: 2013-11-17→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Pursuant to the merger between Staten Island Bancorp,Inc. ( the "Issuer") and Independence Community Bank Corp. ("ICBC") each share of the Issuer's common stock was converted into the right to receive either $24.3208 in cash or 0.6195 shares of ICB common stock, subject to the allocation and proration provisions of the merger agreement.
- [F2]The option, which originally would vest over four years commencing 11/17/04 became fully exercisable on April 12, 2004 and was converted into an option to acquire 15,488 shares if ICBC common stock at $32.9136 per share.