4//SEC Filing
PATTI ANTHONY J 4
Accession 0001241223-05-000001
CIK 0001044880other
Filed
Jan 9, 7:00 PM ET
Accepted
Jan 10, 4:52 PM ET
Size
13.7 KB
Accession
0001241223-05-000001
Insider Transaction Report
Form 4
PATTI ANTHONY J
Senior VP, CFO & Treasurer
Transactions
- Disposition to Issuer
Common Stock, par value $0.01
2005-01-07−2,205→ 0 total - Disposition to Issuer
Common Stock, par value $0.01
2005-01-07−637→ 0 total(indirect: See Note (3)) - Disposition to Issuer
Common Stock, par value $0.01
2005-01-07−1,575→ 0 total(indirect: By IRA) - Disposition to Issuer
Stock Options
2005-01-07−1,575→ 0 totalExercise: $16.55From: 2004-11-17Exp: 2012-12-11→ Common Stock (1,575 underlying) - Disposition to Issuer
Common Stock, par value $0.01
2005-01-07−1,260→ 0 total
Footnotes (5)
- [F1]Pursuant to the merger between Mystic Financial, Inc. (the "Issuer") and Brookline Bancorp, Inc., each share of the Issuer's common stock was converted into the right to receive either $39.00 in cash or 2.6786 shares of Brookline common stock, plus cash in lieu of any fractional share interest, subject to the allocation and proration provisions of the Agreement and Plan of Merger, dated July 7, 2004.
- [F2]Reflects a restricted stock award granted to the reporting person under the Mystic Financial, Inc. 1999 Recognition and Retention Plan.
- [F3]Consists of total shares allocated to the reporting person under the Mystic Financial, Inc. 1999 Employee Stock Ownership Plan ("ESOP") as of March 31, 2004. Pursuant to Rule 16a-3(f)(l)(i)(B), non-discretionary transactions occurring under the ESOP, a tax-qualified plan, are exempt from the reporting requirements of Section 16(a) of the Securities and Exchange Act of 1934, as amended.
- [F4]Reflects stock options granted to the reporting person under the 1999 Stock Option Plan.
- [F5]All options vested as of November 17, 2004 pursuant to the accelerated vesting provisions of the option agreement for changes in control. The options were cancelled in connection with the merger between Mystic Financial, Inc. and Brookline Bancorp, Inc. in exchange for a cash payment equal to the excess of $39.00 over the exercise price per share, $16.55 here, multiplied by the number of shares of Mystic Financial, Inc. common stock subject to the stock option.
Documents
Issuer
MYSTIC FINANCIAL INC
CIK 0001044880
Entity typeother
Related Parties
1- filerCIK 0001241223
Filing Metadata
- Form type
- 4
- Filed
- Jan 9, 7:00 PM ET
- Accepted
- Jan 10, 4:52 PM ET
- Size
- 13.7 KB