GLASS WILLIAM R 4
4 · EVANS BANCORP INC · Filed Sep 28, 2004
Insider Transaction Report
Form 4
GLASS WILLIAM R
Sr. Vice President
Transactions
- Award
Employee Incentive Stock Option (Right to Buy)
2004-09-27$24.00/sh+2,000$48,000→ 2,000 totalExercise: $24.00Exp: 2014-09-26→ Common Stock (2,000 underlying)
Holdings
- 2,000
Employee Incentive Stock Option (Right to Buy)
Exercise: $22.28Exp: 2013-04-18→ Common Stock (2,000 underlying) - 2,373
Common Stock ($0.50 par value)
- 383
Common Stock ($0.50 par value)
Footnotes (2)
- [F1]The Option shall be exercisable according to the following schedule: 100% of the shares of Common Stock subject to the Option - 5th year after the Date of Grant and thereafter.
- [F2]The options vest in 5 installments: 5 years or more, but less than 6 years - portion of total option which is exercisable is up to 50%; 6 years or more, but less than 7 years - portion of total option which is exercisable is up to 60%; 7 years or more, but less than 8 years - portion of total option which is exercisable is up to 70%; 8 years or more, but less than 9 years - portion of total option which is exercisable is up to 80%; 9 years or more - portion of total option which is exercisable is 100%.