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
- 432
Common Stock ($0.50 par value)
- 1,100
Director Stock Option (Right to Buy)
Exercise: $22.92From: 2003-10-22Exp: 2013-04-21→ Common Stock (1,100 underlying) - 1,000
Director Stock Option (Right to Buy)
Exercise: $23.94From: 2004-10-20Exp: 2013-04-21→ Common Stock (1,000 underlying) - 5,771
Common Stock ($0.50 par value)
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.