ALVES JEANNE E 4
4 · FALMOUTH BANCORP INC · Filed Aug 15, 2003
Insider Transaction Report
Form 4
ALVES JEANNE E
Other
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2003-08-14−300→ 1,200 totalExercise: $13.38From: 1998-01-21Exp: 2007-04-15→ Common Stock (300 underlying) - Exercise/Conversion
Common Stock, par value $.01 per share
2003-08-14$13.38/sh+300$4,013→ 158 total - Sale
Common Stock, par value $.01 per share
2003-08-14$26.50/sh−300$7,950→ 474 total
Holdings
- 2,439(indirect: See note (2))
Common Stock, par value $.01 per share
- 1,000(indirect: By Spouse)
Common Stock, par value $.01 per share
- 700
Stock Option (right to buy)
Exercise: $22.00From: 2003-02-01Exp: 2012-03-19→ Common Stock (700 underlying) - 600(indirect: By Spouse)
Common Stock, par value $.01 per share
Footnotes (5)
- [F1]Reflects a restricted stock award granted to the reporting person under the 1997 Recognition and Retention Plan for outside Directors, Officers and Employees of Falmouth Bancorp, Inc. ("RRP") where vesting will occur in 25% installments on an annual basis beginning on 2/1/03.
- [F2]Reflects the total number of shares allocated to the reporting person's account under the Falmouth Bancorp, Inc. Employee Stock Ownership Plan ("ESOP") as of September 30, 2002. Pursuant to Rule 16a-3(f)(1)(i)(b), this nondiscretionary transaction occuring under the ESOP, a tax qualified plan, is exempt from the reporting requirements of Section 16(a) of the Securities Exchange Act, as amended.
- [F3]The reporting person disclaims beneficial ownership of these shares.
- [F4]Reflects Stock Options granted to the reporting person under the 1997 Stock Option Plan for outside Directors, Officers and Employees of Falmouth Bancorp, Inc. where vesting will occur in 20% installments on an annual basis beginning on 1/21/98.
- [F5]Reflects Stock Options granted to the reporting person under the 1997 Stock Option Plan for outside Directors, Officers and Employees of Falmouth Bancorp, Inc. where vesting will occur in 25% installments on an annual basis beginning on 2/01/03.