Kajtoch Gary A 4
4 · EVANS BANCORP INC · Filed May 8, 2012
Insider Transaction Report
Form 4
Kajtoch Gary A
Sr. Vice President and CFO
Transactions
- Award
Common Stock ($0.50 par value)
2012-05-04+660→ 17,749.382 total - Award
Employee Incentive Stock Option (Right to Buy)
2012-05-04$15.50/sh+5,260$81,530→ 25,240 totalExercise: $15.50Exp: 2022-05-04→ Common Stock (5,260 underlying)
Footnotes (3)
- [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]This number reflects shares acquired through the Evans Bancorp, Inc. Dividend Reinvestment Plan as follows: 123.2354 shares on April 10, 2012.
- [F3]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.