HAVERS THOMAS R 4
4 · MERCHANTS BANCSHARES INC · Filed Aug 29, 2006
Insider Transaction Report
Form 4
HAVERS THOMAS R
Director
Transactions
- Sale
Common Stock
2006-08-28$23.99/sh−2,500$59,975→ 23,108 total(indirect: By 401(k))
Holdings
- 8,658.99(indirect: By Foundation)
Common Stock
- 10,213
August 1998 Option Grant
Exercise: $20.33From: 2000-08-20Exp: 2008-08-20→ Common Stock (10,213 underlying) - 10,871
August 1999 Option Grant
Exercise: $17.50From: 2001-08-19Exp: 2009-08-19→ Common Stock (10,871 underlying) - 11,655
August 1997 Option Grant
Exercise: $18.50From: 1999-08-28Exp: 2007-08-28→ Common Stock (11,655 underlying) - 6,816
August 2000 Option Grant
Exercise: $15.50From: 2002-08-17Exp: 2010-08-17→ Common Stock (6,816 underlying)
Footnotes (2)
- [F1]The reporting person's direct ownership includes dividends acquired through a dividend reinvestment plan, which provides for the regular reinvestment of dividends, broad-based participation and operates on substantially the same terms for all plan participants.
- [F2]These shares were acquired between 1980 and 2005 through the Company's former ESOP plan, which merged with and into the Company's 401(k) plan.