PROVIDENT BANKSHARES CORP 4
4 · PROVIDENT BANKSHARES CORP · Filed May 26, 2009
Insider Transaction Report
Form 4
JOSEPH MARK K
Director
Transactions
- Disposition to Issuer
Common Stock
2009-05-23−20,987.127→ 0 total(indirect: By DRIP) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2009-05-23−7,350→ 0 totalExercise: $13.57From: 2000-07-19Exp: 2010-07-19→ Common Stock (7,350 underlying) - Disposition to Issuer
Common Stock
2009-05-23−633.081→ 0 total(indirect: By DRIP - DSPP Common Stock) - Disposition to Issuer
Common Stock
2009-05-23−3,827→ 0 total(indirect: By Stock Award) - Disposition to Issuer
Common Stock
2009-05-23−9,991→ 0 total
Footnotes (5)
- [F1]Disposed of pursuant to merger agreement between issuer and M&T Bank Corporation in exchange for 1,714 shares of M&T Bank Corporation common stock having a market value of $46.73 per share on the closing date of the merger.
- [F2]Disposed of pursuant to merger agreement between issuer and M&T Bank Corporation in exchange for 3,601 shares of M&T Bank Corporation common stock having a market value of $46.73 per share on the closing date of the merger.
- [F3]Disposed of pursuant to merger agreement between issuer and M&T Bank Corporation in exchange for 108 shares of M&T Bank Corporation common stock having a market value of $46.73 per share on the closing date of the merger.
- [F4]Disposed of pursuant to merger agreement between issuer and M&T Bank Corporation in exchange for 656 shares of M&T Bank Corporation common stock having a market value of $46.73 per share on the closing date of the merger.
- [F5]This option, which was fully vested and exercisable, was assumed by M&T Bank Corporation in the merger and replaced with an option to purchase 1,261 shares of M&T Bank Corporation common stock for $79.07 per share.