TILLEY JAMES 4
4 · EVANS BANCORP INC · Filed Sep 28, 2004
Insider Transaction Report
Form 4
TILLEY JAMES
Director
Transactions
- Award
Employee Incentive Stock Option (Right to Buy)
2004-09-27$24.00/sh+2,500$60,000→ 2,500 totalExercise: $24.00Exp: 2014-09-26→ Common Stock (2,500 underlying)
Holdings
- 2,500
Employee Incentive Stock Option (Right to Buy)
Exercise: $22.28Exp: 2013-04-18→ Common Stock (2,500 underlying) - 103(indirect: By Spouse)
Common Stock ($0.50 par value)
- 1,374.555
Common Stock ($0.50 par value)
- 13.834(indirect: ITF grandson)
Common Stock ($0.50 par value)
Footnotes (2)
- [F1]The Option shall be exercisable according to the following schedule: 50% of the shares of Common Stock subject to the Option - 1st year after the Date of Grant; and 50% of the shares of Common Stock subject to the Option - 2nd year after the Date of Grant and thereafter.
- [F2]The options vest in 1 (one) installment: 3 years or more - portion of total option which is exercisable is 100%.