EVANS BANCORP INC 4
4 · EVANS BANCORP INC · Filed Mar 19, 2015
Insider Transaction Report
Form 4
Kajtoch Gary A
Sr. Vice President and CFO
Transactions
- Award
Employee Incentive Stock Option (Right to Buy)
2015-03-17$24.72/sh+3,020$74,654→ 25,112 totalExercise: $24.72Exp: 2025-03-17→ Common stock (3,020 underlying) - Award
Common stock ($0.50 par value)
2015-03-17$24.72/sh+1,280$31,642→ 26,540.35 total
Footnotes (3)
- [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 represents shares acquired under the Evans Bancorp, Inc. Employee Stock Purchase Plan as follows: 807 shares on June 30, 2014 and 348 shares on December 31, 2014. This also represents shares acquired under the Evans Bancorp, Inc. Dividend Reinvestment Plan as follows: 206.44 shares on October 7, 2014.
- [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 grant.