Maddox Mike bought BUSE
March 1, 2025 · Form 4 insider transaction
Maddox Mike bought 38,142 shares of First Busey Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
Pursuant to the Merger Agreement, at the effective time of the merger, each CrossFirst stock-settled stock appreciation right ("CrossFirst SAR") outstanding immediately prior to the effective time of the merger was converted into a stock appreciation right in respect of Issuer common stock par value $0.001, relating to the number of shares of Issuer common stock equal to the product of (A) the number of shares of CrossFirst common stock subject to such CrossFirst SAR immediately prior to the closing of the merger, multiplied by (B) 0.6675 shares of common stock, par value $0.001, of Issuer ("Exchange Ratio"), with any fractional shares rounded down to the nearest whole share of Issuer common stock, and at an exercise price per share equal to (i) the exercise price per share of the CrossFirst SAR immediately prior to the effective time of the merger, divided by (ii) the Exchange Ratio, rounded up to the nearest whole cent.