BANK OF NEW YORK CO INC 4

Accession 0000009626-07-000222

CIK 0000009626operating

View on SEC.gov Company Profile

Filed

Jul 2, 8:00 PM ET

Accepted

Jul 3, 1:29 PM ET

Size

58.0 KB

Accession

0000009626-07-000222

Insider Transaction Report

Form 4

Period: 2007-06-29

BANK OF NEW YORK CO INCBK

HASSELL GERALD L

DirectorPresident

Transactions

Small Acquisition
Common Stock (Par Value $7.50)
2007-05-04$41.29/sh+93.86$3,875→ 606,801.024 total
Disposition to Issuer
Common Stock (Par Value $7.50)
2007-07-01$41.51/sh−23,480$974,645→ 0 total(indirect: By Trust)
Disposition to Issuer
2/8/00 Stock Options $39.31
2007-07-01−250,000→ 0 total
Exercise: $39.31From: 2001-02-08Exp: 2010-02-08→ Common Stock (Par Value $7.50) (250,000 underlying)
Gift
Common Stock (Par Value $7.50)
2007-01-25$40.74/sh−700$28,522→ 673,461.342 total
Disposition to Issuer
2/11/03 Stock Options $23.13
2007-07-01−375,000→ 0 total
Exercise: $23.13From: 2004-02-11Exp: 2013-02-11→ Common Stock (Par Value $7.50) (375,000 underlying)
Disposition to Issuer
Common Stock (Par Value $7.50)
2007-07-01$41.51/sh−200,000$8,301,920→ 0 total(indirect: GRAT 2007)
Disposition to Issuer
1/13/98 Stock Options $27.47
2007-07-01−116,360→ 0 total
Exercise: $27.47From: 1999-01-13Exp: 2008-01-13→ Common Stock (Par Value $7.50) (116,360 underlying)
Disposition to Issuer
3/14/06 Stock Options $34.99
2007-07-01−165,000→ 0 total
Exercise: $34.99From: 2007-03-14Exp: 2016-03-14→ Common Stock (Par Value $7.50) (165,000 underlying)
Disposition to Issuer
Common Stock (Par Value $7.50)
2007-07-01$41.51/sh−60,000$2,490,576→ 0 total(indirect: By Spouse)
Disposition to Issuer
3/13/2007 Stock Options $38.11
2007-07-01−202,504→ 0 total
Exercise: $38.11From: 2008-03-13Exp: 2017-03-13→ Common Stock (Par Value $7.50) (202,504 underlying)
Small Acquisition
Common Stock (Par Value $7.50)
2007-02-02$40.65/sh+94.822$3,854→ 673,556.164 total
Gift
Common Stock (Par Value $7.50)
2007-02-21$42.88/sh−8,000$343,000→ 616,863.164 total
Gift
Common Stock (Par Value $7.50)
2007-06-15$42.52/sh−3,000$127,545→ 626,367.024 total
Disposition to Issuer
Common Stock (Par Value $7.50)
2007-07-01$41.51/sh−426,367.024$17,698,325→ 0 total
Disposition to Issuer
Common Stock (Par Value $7.50)
2007-07-01$41.51/sh−237,249.792$9,848,144→ 0 total(indirect: By 401(k))
Gift
Common Stock (Par Value $7.50)
2007-06-08$39.08/sh+3,553$138,851→ 23,480 total(indirect: By Trust)
Disposition to Issuer
3/4/04 Stock Options $33.09
2007-07-01−175,000→ 0 total
Exercise: $33.09From: 2005-03-04Exp: 2014-03-04→ Common Stock (Par Value $7.50) (175,000 underlying)
Small Acquisition
Common Stock (Par Value $7.50)
2007-01-01$39.16/sh+34.352$1,345→ 674,161.342 total
Disposition to Issuer
2/13/01 Stock Options $54.02
2007-07-01−250,000→ 0 total
Exercise: $54.02From: 2002-02-13Exp: 2011-02-13→ Common Stock (Par Value $7.50) (250,000 underlying)
Disposition to Issuer
3/12/02 Stock Options $41.85
2007-07-01−375,000→ 0 total
Exercise: $41.85From: 2003-03-12Exp: 2012-03-12→ Common Stock (Par Value $7.50) (375,000 underlying)
Disposition to Issuer
Restricted Stock Units
2007-07-01−30,450→ 0 total
Exercise: $40.41Exp: 2010-04-02→ Common Stock (Par Value $7.50) (30,450 underlying)
Disposition to Issuer
1/12/99 Stock Options $35.56
2007-07-01−175,000→ 0 total
Exercise: $35.56From: 2000-01-12Exp: 2009-01-12→ Common Stock (Par Value $7.50) (175,000 underlying)
Award
6/29/2007 Stock Options $41.44
2007-06-29$41.44/sh+500,000$20,720,000→ 500,000 total
Exercise: $41.44From: 2008-07-01Exp: 2017-06-29→ Common Stock (Par Value $7.50) (500,000 underlying)
Disposition to Issuer
4/2/2007 Stock Options $40.41
2007-07-01−91,350→ 0 total
Exercise: $40.41From: 2008-04-02Exp: 2017-04-02→ Common Stock (Par Value $7.50) (91,350 underlying)
Disposition to Issuer
6/29/2007 Stock Options $41.44
2007-07-01−500,000→ 0 total
Exercise: $41.44From: 2008-07-01Exp: 2017-06-29→ Common Stock (Par Value $7.50) (500,000 underlying)

Footnotes (10)

[F1]22,566 of these shares have been previously reported as beneficially owned but had been held by Grantor Retained Annuity Trusts until June 8, 2007.
[F10]Disposed of in exchange for restricted stock units of The Bank of New York Mellon Corporation ("BNY Mellon") pursuant to the merger of The Bank of New York Company, Inc. ("BNY") into BNY Mellon. The exchange ratio in the merger was .9434 shares of BNY Mellon for each share of BNY.
[F2]Disposed of in exchange for shares of The Bank of New York Mellon Corporation ("BNY Mellon") pursuant to the merger of The Bank of New York Company, Inc. ("BNY") into BNY Mellon. The exchange ratio in the merger was .9434 shares of BNY Mellon for each share of BNY, with fractional shares paid in cash under the merger agreement at a price of $41.5096 per share, except in the case of certain benefit plans, as to which fractional shares will be rolled over.
[F3]Represents number of stock units held indirectly in employer's stock fund in The Bank of New York Company, Inc. Employee Savings and Investment Plan, a 401(k) Plan, as of June 29, 2007. Previously reported as owned directly in Profit Sharing Plan. These units were disposed of in exchange for stock units of The Bank of New York Mellon Corporation ("BNY Mellon") pursuant to the merger of The Bank of New York Company, Inc. ("BNY") into BNY Mellon. The price shown represents the closing price of Mellon Financial Corporation common stock on June 29, 2007 times .9434 for the shares represented by the units held.
[F4]Contribution of shares to a family trust. Reporting person has the right to reacquire the shares by substituting other property of equal value.
[F5]Reporting person disclaims beneficial ownership of these securities.
[F6]These shares were previously reported as directly beneficially owned but were contributed to a grantor retained annuity trust on June 27, 2007.
[F7]Disposed of in exchange for options of The Bank of New York Mellon Corporation ("BNY Mellon") pursuant to the merger of The Bank of New York Company, Inc. ("BNY") into BNY Mellon. The exchange ratio in the merger was .9434 shares of BNY Mellon for each share of BNY.
[F8]1/3 vest on 7/1/2008, remaining 2/3 vest monthly pro rata for the twenty-four month period following 7/1/2008.
[F9]These restricted stock units vest on April 2, 2010.

Documents

1 file

4
doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

BANK OF NEW YORK CO INC

CIK 0000009626

→

Entity typeoperating

IncorporatedNY

Related Parties

filerCIK 0000009626

Filing Metadata

Form type: 4
Filed: Jul 2, 8:00 PM ET
Accepted: Jul 3, 1:29 PM ET
Size: 58.0 KB

View on SEC.gov