Home/Filings/4/0000909654-09-000563
4//SEC Filing

PROVIDENT BANKSHARES CORP 4

Accession 0000909654-09-000563

CIK 0000818969operating

Filed

May 25, 8:00 PM ET

Accepted

May 26, 5:54 PM ET

Size

36.8 KB

Accession

0000909654-09-000563

Insider Transaction Report

Form 4
Period: 2009-05-23
PATRICK H LES
Executive Vice President
Transactions
  • Disposition to Issuer

    Common Stock

    2009-05-238,176.0340 total
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2009-05-238,0000 total
    Exercise: $33.66From: 2006-02-16Exp: 2013-02-16Common Stock (8,000 underlying)
  • Disposition to Issuer

    Stock Options (right to buy)

    2009-05-233,2110 total
    Exercise: $35.70From: 2008-02-21Exp: 2015-02-21Common Stock (3,211 underlying)
  • Disposition to Issuer

    Common Stock

    2009-05-231,031.9430 total(indirect: By DRIP)
  • Disposition to Issuer

    Common Stock

    2009-05-233,2380 total(indirect: By Stock Award IV)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2009-05-2315,0000 total
    Exercise: $24.68From: 2003-01-16Exp: 2012-01-16Common Stock (15,000 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Options (right to buy)

    2009-05-233,3140 total
    Exercise: $36.00From: 2007-02-15Exp: 2014-02-15Common Stock (3,314 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2009-05-2312,0000 total
    Exercise: $23.51From: 2004-02-19Exp: 2013-02-19Common Stock (12,000 underlying)
  • Disposition to Issuer

    Common Stock

    2009-05-232,7700 total(indirect: By Stock Award V)
  • Disposition to Issuer

    Non-Qualified Stock Options (right-to-buy)

    2009-05-2312,0000 total
    Exercise: $32.22From: 2004-02-18Exp: 2014-02-18Common Stock (12,000 underlying)
  • Disposition to Issuer

    Common Stock

    2009-05-234680 total(indirect: By Stock Award II)
  • Disposition to Issuer

    Common Stock

    2009-05-237350 total(indirect: By Stock Award III)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2009-05-231,5000 total
    Exercise: $13.15From: 2001-06-21Exp: 2010-06-21Common Stock (1,500 underlying)
  • Disposition to Issuer

    Stock Options (right to buy)

    2009-05-2320,0000 total
    Exercise: $17.37From: 2009-02-20Exp: 2016-02-20Common Stock (20,000 underlying)
  • Disposition to Issuer

    Stock Options (right to buy)

    2009-05-2319,8690 total
    Exercise: $7.04From: 2009-08-20Exp: 2016-08-20Common Stock (19,869 underlying)
Footnotes (15)
  • [F1]Disposed of pursuant to merger agreement between issuer and M&T Bank Corporation in exchange for 1,403 shares of M&T Bank Corporation common stock having a market value of $46.73 per share on the closing date of the merger.
  • [F10]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 2,059 shares of M&T Bank Corporation common stock for $136.98 per share.
  • [F11]This option, which provided for vesting in four annual installments commencing on February 15, 2007, was assumed by M&T Bank Corporation in the merger and replaced with an option to purchase 568 shares of M&T Bank Corporation common stock for $209.76 per share.
  • [F12]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 2,059 shares of M&T Bank Corporation common stock for $187.73 per share.
  • [F13]This option, which provided for vesting in four annual installments commencing on February 21, 2008, was assumed by M&T Bank Corporation in the merger and replaced with an option to purchase 551 shares of M&T Bank Corporation common stock for $208.01 per share.
  • [F14]This option, which provided for vesting in four annual installments commencing on February 20, 2009, was assumed by M&T Bank Corporation in the merger and replaced with an option to purchase 3,432 shares of M&T Bank Corporation common stock for $101.21 per share.
  • [F15]This option, which provided for vesting in four annual installments commencing on August 20, 2009, was assumed by M&T Bank Corporation in the merger and replaced with an option to purchase 3,410 shares of M&T Bank Corporation common stock for $41.02 per share.
  • [F2]Disposed of pursuant to merger agreement between issuer and M&T Bank Corporation in exchange for 177 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 80 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 126 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]Disposed of pursuant to merger agreement between issuer and M&T Bank Corporation in exchange for 555 shares of M&T Bank Corporation common stock having a market value of $46.73 per share on the closing date of the merger.
  • [F6]Disposed of pursuant to merger agreement between issuer and M&T Bank Corporation in exchange for 475 shares of M&T Bank Corporation common stock having a market value of $46.73 per share on the closing date of the merger.
  • [F7]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 257 shares of M&T Bank Corporation common stock for $76.62 per share.
  • [F8]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 2,574 shares of M&T Bank Corporation common stock for $143.80 per share.
  • [F9]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 1,373 shares of M&T Bank Corporation common stock for $196.13 per share.

Documents

1 file

Issuer

PROVIDENT BANKSHARES CORP

CIK 0000818969

Entity typeoperating
IncorporatedMD

Related Parties

1
  • filerCIK 0000818969

Filing Metadata

Form type
4
Filed
May 25, 8:00 PM ET
Accepted
May 26, 5:54 PM ET
Size
36.8 KB