0000908834-16-000540.txt : 20160301
0000908834-16-000540.hdr.sgml : 20160301
20160301165129
ACCESSION NUMBER: 0000908834-16-000540
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160301
FILED AS OF DATE: 20160301
DATE AS OF CHANGE: 20160301
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: RIVER VALLEY BANCORP
CENTRAL INDEX KEY: 0001015593
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
IRS NUMBER: 351984567
STATE OF INCORPORATION: IN
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 430 CLIFTY DRIVE
STREET 2: PO BOX 1590
CITY: MADISON
STATE: IN
ZIP: 47250
BUSINESS PHONE: 812-273-4949
MAIL ADDRESS:
STREET 1: 430 CLIFTY DRIVE
STREET 2: PO BOX 1590
CITY: MADISON
STATE: IN
ZIP: 47250
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FORRESTER MATTHEW P
CENTRAL INDEX KEY: 0001208614
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-21765
FILM NUMBER: 161474067
MAIL ADDRESS:
STREET 1: RIVER VALLEY BANCORP
STREET 2: 430 CLIFTY DRIVE, PO BOX 1590
CITY: MADISON
STATE: IA
ZIP: 47250
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2016-03-01
1
0001015593
RIVER VALLEY BANCORP
RIVR
0001208614
FORRESTER MATTHEW P
2464 FOREST LANE
MADISON,
IN
47250
1
1
0
0
CEO/President
Common stock, without par value
2016-03-01
4
D
0
44487
D
0
D
Common stock, without par value
2016-03-01
4
D
0
192
D
0
I
As custodian for children
Common stock, without par value
2016-03-01
4
D
0
1535
D
0
I
By Spouse
Common stock, without par value
2016-03-01
4
D
0
10829
D
0
I
By ESOP
Employee Stock Option (right to buy)
21.89
2016-03-01
4
D
0
10000
D
2024-07-15
Common stock, without par value
10000
0
D
These shares were disposed of pursuant to a merger agreement between the issuer and German American Bancorp, Inc. in exchange for (i) $9.90 in cash per issuer share, and (ii) 0.770 common shares of German American Bancorp, Inc. per issuer share (plus cash in lieu of fractional shares based on 20-day average closing price for German American Bancorp, Inc. shares). The market value per common share of German American Bancorp, Inc. on the effective date of the merger was $32.32.
These shares were disposed of pursuant to a merger agreement between the issuer and German American Bancorp, Inc. in exchange for (i) $9.90 in cash per issuer share, and (ii) 0.770 common shares of German American Bancorp, Inc. per issuer share (plus cash in lieu of fractional shares based on 20-day average closing price for German American Bancorp, Inc. shares). The market value per common share of German American Bancorp, Inc. on the effective date of the merger was $32.32. The number of shares reported as indirectly held by the ESOP reflects allocations as of December 31, 2014, and additional shares could be allocated to the reporting person's account as of the effectiveness of the merger and disposed of in the same manner.
These options, which provided for vesting at 1,000 per year from July 15, 2014 through July 15, 2018, and 1,250 per year from July 15, 2019 through July 15, 2022, were accelerated and canceled pursuant to a merger agreement between the issuer and German American Bancorp, Inc., in exchange for a cash payment of $11.85 for each issuer share subject to the option (less applicable withholding taxes), representing the difference between (i) the $21.89 option exercise price, and (ii) the $33.74 merger consideration consisting of (a) $9.90, plus (b) $30.96 (20-day average closing price for German American Bancorp, Inc. shares under the merger agreement formula) multiplied by the 0.770 exchange ratio.
/s/ Mary Ellen McClelland, Attorney-in-Fact for Matthew P. Forrester
2016-03-01