TAYLOR DAVID M 4
4 · EVANS BANCORP INC · Filed Apr 20, 2005
Insider Transaction Report
Form 4
TAYLOR DAVID M
Director
Transactions
- Award
Director Stock Option (Right to Buy)
2005-04-19$23.77/sh+1,000$23,770→ 1,000 totalExercise: $23.77From: 2005-10-19Exp: 2015-04-18→ Common Stock (1,000 underlying)
Holdings
- 5,771
Common Stock ($0.50 par value)
[F1] - 432
Common Stock ($0.50 par value)
[F2] - 1,000
Director Stock Option (Right to Buy)
Exercise: $23.94From: 2004-10-20Exp: 2013-04-21→ Common Stock (1,000 underlying) - 1,100
Director Stock Option (Right to Buy)
[F3]Exercise: $22.92From: 2003-10-22Exp: 2013-04-21→ Common Stock (1,100 underlying)
Footnotes (3)
- [F1]On 12/30/2004, the issuer distributed a 5% stock dividend payable to all holders of record of common stock on 12/09/2004. As a result, the listed owner received 274 additional shares of common stock.
- [F2]On 12/30/2004, the issuer distributed a 5% stock dividend payable to all holders of record of common stock on 12/09/2004. As result, the listed owner received 20 additional shares of common stock.
- [F3]This option was previously reported as an option for 1,000 shares of common stock at an exercise price of $22.92 per share, but was adjusted to reflect the 5% stock dividend declared by Evans Bancorp, Inc. on November 16, 2004, payable on December 9, 2004. As a result of the stock dividend, pursuant to the anti-dilution provisions of Evans Bancorp, Inc.'s 1999 Stock Option and Long-Term Incentive Plan, the option entitled the reporting person to receive, upon exercise, 100 additional shares of common stock for no additional consideration.
Signature
Michelle Baumgarden, Attorney In Fact for David M. Taylor|2005-04-20