HAVERS THOMAS R 4
4 · MERCHANTS BANCSHARES INC · Filed Aug 29, 2006
Insider Transaction Report
Form 4
HAVERS THOMAS R
Senior Vice President
Transactions
- Sale
Common Stock
[F2]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
[F1] - 11,655
August 1997 Option Grant
Exercise: $18.50From: 1999-08-28Exp: 2007-08-28→ Common Stock (11,655 underlying) - 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) - 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.
Signature
Lisa A. Razo, P.O.A. for Thomas R. Havers|2006-08-29