Home/Filings/4/0000909654-09-000568
4//SEC Filing

PROVIDENT BANKSHARES CORP 4

Accession 0000909654-09-000568

CIK 0000818969operating

Filed

May 25, 8:00 PM ET

Accepted

May 26, 5:55 PM ET

Size

25.8 KB

Accession

0000909654-09-000568

Insider Transaction Report

Form 4
Period: 2009-05-23
WALDYCH KENNETH J
EVP & Sr. Credit Off. of Subs.
Transactions
  • Disposition to Issuer

    Common Stock

    2009-05-235,0510 total
  • Disposition to Issuer

    Common Stock

    2009-05-232200 total(indirect: By Stock Award)
  • Disposition to Issuer

    Common Stock

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

    Stock Options (right to buy)

    2009-05-238,6700 total
    Exercise: $35.70From: 2008-02-21Exp: 2015-02-21Common Stock (8,670 underlying)
  • Disposition to Issuer

    Stock Options (right to buy)

    2009-05-231,5000 total
    Exercise: $32.66From: 2008-09-19Exp: 2015-09-19Common Stock (1,500 underlying)
  • Disposition to Issuer

    Stock Options (right to buy)

    2009-05-231,5000 total
    Exercise: $21.96From: 2008-12-19Exp: 2017-12-19Common Stock (1,500 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2009-05-235,0000 total
    Exercise: $37.01From: 2007-04-19Exp: 2014-04-19Common Stock (5,000 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

    Common Stock

    2009-05-233,2380 total(indirect: By Stock Award IV)
  • 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 (10)
  • [F1]Disposed of pursuant to merger agreement between issuer and M&T Bank Corporation in exchange for 866 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 provided for vesting in four annual installments commencing on December 19, 2008, 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 $127.95 per share.
  • [F2]Disposed of pursuant to merger agreement between issuer and M&T Bank Corporation in exchange for 37 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 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.
  • [F4]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.
  • [F5]This option, which provided for vesting in four annual installments commencing on April 19, 2007, was assumed by M&T Bank Corporation in the merger and replaced with an option to purchase 858 shares of M&T Bank Corporation common stock for $215.64 per share.
  • [F6]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 1,487 shares of M&T Bank Corporation common stock for $208.01 per share.
  • [F7]This option, which provided for vesting in four annual installments commencing on September 19, 2008, 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 $190.30 per share.
  • [F8]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.
  • [F9]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.

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, 5:55 PM ET
Size
25.8 KB