HOVEY FRANKLIN G II 4/A
4/A · UNION BANKSHARES INC · Filed Jan 6, 2004
Insider Transaction Report
Form 4/AAmended
HOVEY FRANKLIN G II
Director
Transactions
- Other
Common Stock
2002-03-05+422,908→ 422,908 total(indirect: By Trust) - Other
Common Stock
2003-12-31−173,625→ 173,626 total(indirect: By Trust)
Footnotes (4)
- [F1]All share information reflects a 2-for-1 stock split effective August 8, 2003 and associated cash out or sale of fractional shares.
- [F2]Represents a transfer of shares from the Franklin G. Hovey Trust to a remainder trust, the Franklin G. Hovey II Trust of which Mr. Hovey is co-Trustee and primary beneficiary. Reflects a reduction of 173,625 shares in the total reported above for Mr. Hovey, which were distributed on December 31, 2003 to a remainder trust for Mr. Hovey's sister.
- [F3]Reflects a change in the form of indirect ownership when Mr. Hovey and his sister became co-Trustees of the Genevieve L. Hovey Trust; these shares were previously reported as beneficially owned by virtue of a power of attorney. Mr. Hovey and his sister became primary beneficiaries under such Trust upon the death of their mother on July 19, 2003. Mr. Hovey disclaims beneficial ownership of 211,454 of shares held in the Trust, in which Mr. Hovey's sister has a pecuniary interest.
- [F4]Correction of name of town and entitlement of the Trusts.