Filing Details
- Accession Number:
- 0001065407-11-000041
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-01-06 17:50:25
- Reporting Period:
- 2011-01-04
- Filing Date:
- 2011-01-06
- Accepted Time:
- 2011-01-06 17:50:25
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1501331 | Minden Bancorp Inc. | MDNBD | Savings Institutions, Not Federally Chartered (6036) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
941691 | E Jack Byrd | C/O Minden Bancorp, Inc. 100 Mbl Bank Drive Minden LA 71055 | President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2011-01-04 | 40,000 | $10.00 | 68,581 | No | 4 | P | Direct | |
Common Stock | Acquisiton | 2011-01-04 | 15,000 | $10.00 | 15,000 | No | 4 | P | Indirect | By Spouse |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct | |
No | 4 | P | Indirect | By Spouse |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 2,530 | Indirect | By ESOP |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option | $11.96 | 2009-04-08 | 2018-04-08 | 4,888 | 4,888 | Direct |
Common Stock | Stock Option | $6.31 | 2010-01-13 | 2019-01-13 | 20,867 | 20,867 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2018-04-08 | 4,888 | 4,888 | Direct |
2019-01-13 | 20,867 | 20,867 | Direct |
Footnotes
- Pursuant to a reorganization exempt under Rule 16b-7, each share of common stock of Minden Bancorp, Inc., a federal corporation, outstanding as of January 4, 2011 was automatically exchanged for 1.7427 shares of common stock of the Issuer, with fractional shares cashed out based on a price of $10.00 per share.
- Includes 8,736 shares (as adjusted pursuant to the reorganization described in footnote (1) above) held in the 2003 Amended and Restated Recognition and Retention Plan and Trust Agreement which reflects the unvested portions of two grants aggregating originally 6,546 shares of common stock of Minden Bancorp, Inc., a federal corporation, that are vesting at the rate of 20% per year commencing on April 8, 2009 and January 13, 2010, respectively.
- Pursuant to a reorganization exempt under Rule 16b-7, each outstanding option to purchase a share of common stock of Minden Bancorp, Inc., a federal corporation, outstanding as of January 4, 2011 was automatically exchanged for an option to purchase 1.7427 shares of the Issuer with the exercise price adjusted to reflect the operation of the exchange ratio. The number of shares subject to the option grant, after applying the exchange ratio, was adjusted downward to the nearest whole share while the exercise price, after applying the exchange ratio, was adjusted to the nearest whole cent. The options vest at the rate of 20% per year.