DUNHAM RALPH W 4
4 · MYSTIC FINANCIAL INC · Filed Oct 30, 2003
Insider Transaction Report
Form 4
DUNHAM RALPH W
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Options
2003-10-29−7,000→ 23,803 totalExercise: $11.49From: 2002-12-31Exp: 2009-03-23→ Common Stock (7,000 underlying) - Exercise/Conversion
Common Stock, par value $.01
2003-10-29$11.49/sh+7,000$80,416→ 8,050 total
Holdings
- 1,734(indirect: By IRA)
Common Stock, par value $.01
- 6,566(indirect: See footnote)
Common Stock, par value $.01
- 210(indirect: Custodian)
Common Stock, par value $.01
- 16,976
Common Stock, par value $.01
Footnotes (2)
- [F1]Reflects a restricted stock award granted to the reporting person under the Mystic Financial, Inc. 1999 Recognition and Retention Plan. These shares were awarded to the reporting person on 4/10/01 and held in Trust on behalf of the reporting person, subject to vesting. The restricted stock award will vest in 20% increments on an annual basis, with the first installment scheduled to vest on December 31, 1999.
- [F2]Consists of total shares allocated to the reporting person's account under the Mystic Financial, Inc. 1999 Employee Stock Ownership Plan (ESOP) as of June 30, 2002. Pursuant to Rule 16a-3(f)(1)(i)(B), this non-discretionary transaction occuring under the ESOP, a tax-qualified plan, is exempt from the reporting requirements of Section 16(a) of the Securities and Exchange Act of 1934, as amended.