EVANS BANCORP INC 4
4 · EVANS BANCORP INC · Filed Apr 20, 2005
Insider Transaction Report
Form 4
BROTHMAN PHILLIP
Director
Transactions
- Award
Director Stock Option (Right to Buy)
2005-04-19$23.77/sh+2,500$59,425→ 2,500 totalExercise: $23.77From: 2005-10-19Exp: 2015-04-18→ Common Stock (2,500 underlying)
Holdings
- 2,462.575(indirect: By Spouse)
Common Stock ($0.50 par value)
- 1,405.562
Common Stock ($0.50 par value)
- 2,750
Director Stock Option (Right to Buy)
Exercise: $22.92From: 2003-10-22Exp: 2013-04-21→ Common Stock (2,750 underlying) - 24,488.217
Common Stock ($0.50 par value)
- 2,500
Director Stock Option (Right to Buy)
Exercise: $23.94From: 2004-10-20Exp: 2013-04-21→ Common Stock (2,500 underlying)
Footnotes (7)
- [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 1,164.025895 additional shares of common stock.
- [F2]This number also reflects shares acquired under the Evans Bancorp, Inc. Dividend Reinvestment Plan as follows: 17.147575 shares on 10/04/2004 and 32.673551 shares on 04/04/2005.
- [F3]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 . 115.587120 additional shares of common stock.
- [F4]This number also reflects shares acquired under the Evans Bancorp, Inc. Dividend Reinvestment Plan as follows: 32.426839 shares on 10/04/2004 and 33.245418 shares on 04/04/2005.
- [F5]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 65.218414 additional shares of common stock.
- [F6]This number also reflects shares acquired under the Evans Bancorp, Inc. Dividend Reinvestment Plan as follows: 18.518813 shares on 10/04/2004 and 18.975284 shares on 04/04/2005.
- [F7]This option was previously reported as an option for 2,500 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 30, 2004 to shareholders of record 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, 250 additional shares of common stock for no additional consideration.