4//SEC Filing
GULOTTY DOUGLAS C 4
Accession 0000914317-09-001813
CIK 0000709942other
Filed
Aug 31, 8:00 PM ET
Accepted
Sep 1, 1:38 PM ET
Size
10.0 KB
Accession
0000914317-09-001813
Insider Transaction Report
Form 4
Wilber CORPGIW
GULOTTY DOUGLAS C
President & CEO
Transactions
- Purchase
Common Stock
2009-08-28$8.92/sh+84$749→ 1,784 total - Small Acquisition
Phantom Stock Units
2009-08-28$11.10/sh+39$433→ 7,262 total(indirect: By Deferred Comp Plan)Exercise: $0.00→ Phantom Stock Units (39 underlying) - Other
Common Stock
2009-08-28$8.65/sh+12$104→ 1,796 total
Footnotes (3)
- [F1]This filing reports additional common shares acquired on August 28, 2009 pursuant to the Company's Dividend Reinvestment and Direct Stock Purchase Plan. The plan provides for the purchase of fractional shares, the number reported is the nearest whole number.
- [F2]Pursuant to the Company's Deferred Compensation Plan Established in 1985, as amended in 1999, executive officers may defer portions of their compensation and deferred amounts can be indexed to the financial performance of the Company's common stock, although no actual shares of stock are purchased (thus, "phantom stock"). Increases and decreases in the deferred amounts are determined based upon changes in the trading price of the Company's stock. The executive officer does not have any right against the Company with respect to any portion of the account, except as a general unsecured creditor. The participant may withdraw funds upon the termination of his employment, retirement or in the event of financial hardship, and the value of such phantom stock units would be based upon the current market value of the Company's stock.
- [F3]The Company's Deferred Compensation Plan was frozen in 2004. Under the frozen plan, the reporting person was no longer permitted to defer portions of his compensation into the plan. Accordingly, these phantom stock units were acquired by the reporting person through the allocation of dividend payments on existing units under the Company's Deferred Compensation Plan.
Documents
Issuer
Wilber CORP
CIK 0000709942
Entity typeother
Related Parties
1- filerCIK 0001278825
Filing Metadata
- Form type
- 4
- Filed
- Aug 31, 8:00 PM ET
- Accepted
- Sep 1, 1:38 PM ET
- Size
- 10.0 KB