Kajtoch Gary A 4
4 · EVANS BANCORP INC · Filed Mar 17, 2011
Insider Transaction Report
Form 4
Kajtoch Gary A
Sr. Vice President and CFO
Transactions
- Award
Common Stock ($0.50 par value)
2011-03-15+710→ 14,975 total - Award
Employee Incentive Stock Option (Right to Buy)
2011-03-15$14.00/sh+4,740$66,360→ 19,980 totalExercise: $14.00Exp: 2021-03-15→ Common Stock (4,740 underlying)
Footnotes (2)
- [F1]The Restricted Stock shall be vested according to the following schedule: 25% of the shares of Common Stock subject to the Restricted Stock Award will vest on each of the first four anniversaries of the date of the award.
- [F2]The Stock Options shall be exercisable according to the following schedule: 25% of the shares of Common Stock subject to the Stock Option will vest on each of the first four anniversaries of the date of the grant.