MELLON FINANCIAL CORP 4
4 · MELLON FINANCIAL CORP · Filed Jul 3, 2007
Insider Transaction Report
Form 4
SURMA JOHN P
Director
Transactions
- Disposition to Issuer
Common Stock
2007-07-01−1,522.39→ 0 total - Award
Common Stock
2007-06-30$44.00/sh+85.227$3,750→ 1,522.39 total - Disposition to Issuer
Option - 2005 - Right to Buy
2007-07-01−3,300→ 0 totalExercise: $27.45From: 2006-04-22Exp: 2015-04-21→ Common Stock (3,300 underlying) - Disposition to Issuer
Option - 2004 - Right to Buy
2007-07-01−3,300→ 0 totalExercise: $31.18From: 2005-04-23Exp: 2014-04-22→ Common Stock (3,300 underlying) - Disposition to Issuer
Deferred Share Units
2007-07-01−4,250.35→ 0 total→ Common Stock (4,250.35 underlying) - Disposition to Issuer
Option - 2003 - Right to Buy
2007-07-01−979→ 0 totalExercise: $32.11From: 2004-04-21Exp: 2013-04-20→ Common Stock (979 underlying)
Footnotes (5)
- [F1]Phantom stock acquired pursuant to the Elective Deferred Compensation Plan for Directors (Post 12/31/04) payable at a specified date in shares of Mellon Financial Corporation common stock.
- [F2]Disposed of in exchange for an equal number of shares of The Bank of New York Mellon Corporation ("BNY Mellon") pursuant to the merger of Mellon Financial Corporation ("MFC") into BNY Mellon (the "Merger").
- [F3]The options, which provided for full vesting one year from the date of the option grant, were exchanged in the Merger for an equal number of options of BNY Mellon.
- [F4]1-for-1.
- [F5]Disposed of in exchange for an equal number of deferred share units of BNY Mellon pursuant to the Merger. 2,321.35 of the deferred share units vested on April 17, 2007. The remaining deferred share units vest on the date of BNY Mellon's 2008 Annual Meeting of Shareholders. Vested deferred share units are payable in shares of common stock on the 30th day following the grantee's termination of service as a director. Deferred share units pay dividend equivalents which are reinvested in additional deferred share units.