HARTLEY BONALYN J 4
4 · PENNICHUCK CORP · Filed Apr 15, 2009
Insider Transaction Report
Form 4
PENNICHUCK CORPPNNW
HARTLEY BONALYN J
V.P. Admin & Regulatory Aff
Transactions
- Exercise/Conversion
Common Stock
2009-04-13$17.44/sh+3,435$59,906→ 3,533 total - Tax Payment
Common Stock
2009-04-13$21.58/sh−2,775$59,884→ 98 total - Gift
Common Stock
2009-04-15−50→ 3,483 total - Exercise/Conversion
Stock Option (right to buy)
2009-04-13−3,435→ 1,293 totalExercise: $17.44From: 2000-01-07Exp: 2010-01-07→ Common Stock (3,435 underlying)
Footnotes (2)
- [F1]voluntarily reported early - code v
- [F2]This transaction is exempted from consideration as a prohibited transaction during a blackout period under rule 306(a)(1), subsection (c)(6), as a bona fide gift. This transaction represents a transfer of 50 shares to the Reporting Person's granddaughter, who does not share the same household, for which the issued shares shall be held in escrow by the Company's CFO, until the expiration of the current blackout period, whaich shall expire on or about May 12, 2009.