EVANS BANCORP INC 4
4 · EVANS BANCORP INC · Filed Mar 17, 2016
Insider Transaction Report
Form 4
Snyder Nicholas John
Principal Accounting Officer
Transactions
- Award
Employee Incentive Stock Option (Right to Buy)
2016-03-15$25.00/sh+1,720$43,000→ 1,720 totalExercise: $25.00Exp: 2026-03-15→ Common Stock (1,720 underlying) - Award
Common Stock ($0.50 par value)
2016-03-15$25.00/sh+630$15,750→ 2,719.62 total
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 Award will vest on each of the first four anniversaries of the date of grant.