McInnes Duncan J 4
4 · PEOPLES BANCTRUST CO INC · Filed Oct 16, 2007
Insider Transaction Report
Form 4
McInnes Duncan J
Director
Transactions
- Disposition to Issuer
Common Stock Option
2006-01-31−300→ 0 totalExercise: $18.50From: 2007-01-31Exp: 2016-01-31→ Common Stock (300 underlying) - Disposition to Issuer
Common Stock
2007-10-15−1,600→ 0 total
Footnotes (2)
- [F1](1) Shares disposed of pursuant to merger of Peoples BancTrust with and into BancTrust Financial Group in which each share of Peoples BancTrust common stock was exchanged for 1.0614 shares of BancTrust Financial Group common stock having a market value of $15.98 per share on the effective date of the merger and $6.375 in cash.
- [F2](2) In the merger of Peoples BancTrust with BancTrust Financial Group, each outstanding option to purchase Peoples BancTrust common stock was automatically fully vested, canceled and converted into a cash payment equal to the difference between the exercise price of such stock option and $23.75 per share.