4//SEC Filing
PEISCHL CHARLES J ESQUIRE 4
Accession 0001236964-08-000067
CIK 0001236964other
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 8:30 PM ET
Size
24.9 KB
Accession
0001236964-08-000067
Insider Transaction Report
Form 4
KNBT BANCORP INCKNBT
PEISCHL CHARLES J ESQUIRE
Director
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2008-02-01−5,465→ 0 totalExercise: $3.89From: 2003-10-31Exp: 2011-07-25→ Common Stock (5,465 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2008-02-01−3,885→ 0 totalExercise: $5.78From: 2003-10-31Exp: 2012-01-17→ Common Stock (3,885 underlying) - Disposition to Issuer
Common Stock
2008-02-01−11,395→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2008-02-01−3,700→ 0 totalExercise: $6.44From: 2003-10-31Exp: 2013-01-16→ Common Stock (3,700 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2008-02-01−25,000→ 0 totalExercise: $16.50From: 2005-05-06Exp: 2014-05-06→ Common Stock (25,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2008-02-01−3,000→ 0 totalExercise: $16.40From: 2008-01-26Exp: 2017-01-26→ Common Stock (3,000 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2008-02-01−2,500→ 0 totalExercise: $16.56From: 2007-01-23Exp: 2016-01-23→ Common Stock (2,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2008-02-01−8,159→ 0 totalExercise: $4.27From: 2003-10-31Exp: 2011-06-21→ Common Stock (8,159 underlying) - Disposition to Issuer
Director Stock Option (right to buy)
2008-02-01−2,000→ 0 totalExercise: $15.84From: 2006-01-24Exp: 2015-01-24→ Common Stock (2,000 underlying)
Footnotes (9)
- [F1]Pursuant to the merger between KNBT Bancorp, Inc. (the "Issuer") and National Penn Bancshares ("NPBC") each share of the Issuer's common stock was converted to the right to receive 1.03 shares of NPBC common stock according to the provisions of the merger agreement.
- [F2]The option which originally would vest over five years commencing on January 26, 2008 became fully exercisable on February 1, 2008 and was converted into an option to acquire 3,090 shares of NPBC common stock at $15.93 per share.
- [F3]The option which originally would vest over five years commencing on January 23, 2007 became fully exercisable on February 1, 2008 and was converted into an option to acquire 2,575 shares of NPBC common stock at $16.08 per share.
- [F4]The option which originally would vest over eight years commencing on January 24, 2006 became fully exercisable on February 1, 2008 and was converted into an option to acquire 2,060 shares of NPBC common stock at $15.38 per share.
- [F5]The option which originally would vest over eight years commencing on May 6, 2005 became fully exercisable on February 1, 2008 and was converted into an option to acquire 25,750 shares of NPBC common stock at $16.02 per share.
- [F6]Received in the merger of First Colonial Group, Inc. into the Issuer in exchange for a stock option to acquire shares of First Colonial common stock. February 1, 2008 converted into an option to acquire 8,403 shares of NPBC common stock at $4.1459 per share.
- [F7]Received in the merger of First Colonial Group, Inc. into the Issuer in exchange for a stock option to acquire shares of First Colonial common stock. February 1, 2008 converted into an option to acquire 5,628 shares of NPBC common stock at $3.7735 per share.
- [F8]Received in the merger of First Colonial Group, Inc. into the Issuer in exchange for a stock option to acquire shares of First Colonial common stock. February 1, 2008 converted into an option to acquire 4,001 shares of NPBC common stock at $5.61 per share.
- [F9]Received in the merger of First Colonial Group, Inc. into the Issuer in exchange for a stock option to acquire shares of First Colonial common stock. February 1, 2008 converted into an option to acquire 3,811 shares of NPBC common stock at $6.253 per share.
Documents
Issuer
KNBT BANCORP INC
CIK 0001236964
Entity typeother
Related Parties
1- filerCIK 0001246973
Filing Metadata
- Form type
- 4
- Filed
- Feb 4, 7:00 PM ET
- Accepted
- Feb 5, 8:30 PM ET
- Size
- 24.9 KB