Kajtoch Gary A 4
4 · EVANS BANCORP INC · Filed Mar 20, 2013
Insider Transaction Report
Form 4
Kajtoch Gary A
Sr. Vice President and CFO
Transactions
- Award
Common Stock ($0.50 par value)
2013-03-19+1,120→ 21,024.229 total - Award
Employee Incentive Stock Option (Right to Buy)
2013-03-19$17.64/sh+2,670$47,099→ 27,910 totalExercise: $17.64Exp: 2023-03-19→ Common Stock (2,670 underlying)
Footnotes (4)
- [F1]The restricted stock shall be vested according to the following schedule: 25% of the share 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 under the Evans Bancorp, Inc. Dividend Reinvestment Plan as follows: 123.2354 shares on April 10, 2012, 130.8984 shares on October 9, 2012, and 150.9455 shares on December 31, 2012.
- [F3]This number reflects shares acquired under the Evans Bancorp, Inc. Employee Stock Purchase Plan as follows: 1,290 shares on June 30, 2012, and 583 shares on December 31, 2012.
- [F4]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 grant.