Filing Details

Accession Number:
0001065407-11-000043
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-01-06 17:51:48
Reporting Period:
2011-01-04
Filing Date:
2011-01-06
Accepted Time:
2011-01-06 17:51:48
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
1256432 A Russell Adams C/O Minden Bancorp, Inc.
100 Mbl Bank Drive
Minden LA 71055
Yes No 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 5,000 $10.00 24,382 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option $8.82 2004-05-15 2013-05-15 4,888 4,888 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2013-05-15 4,888 4,888 Direct
Footnotes
  1. 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.
  2. 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.