BEVERLY NATIONAL CORP 4
4 · BEVERLY NATIONAL CORP · Filed Nov 2, 2009
Insider Transaction Report
Form 4
FOURNIER DONAT A
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Common Stock
2009-10-30−23,362→ 0 total - Disposition to Issuer
Common Stock
2009-10-30−1,000→ 0 total(indirect: By Spouse)
Footnotes (3)
- [F1]Disposed of pursuant to Agreement and Plan of Merger between Issuer and Danvers Bancorp, Inc. dated as of June 16, 2009 in exchange for 1.66 shares of Danvers Bancorp, Inc. for each share of the Issuer, or 38,780 shares of Danvers Bancorp, Inc. having a market value of $13.73 per share on the effective date of the merger, October 30, 2009.
- [F2]Disposed of pursuant to Agreement and Plan of Merger between Issuer and Danvers Bancorp, Inc. dated as of June 16, 2009 in exchange for 1.66 shares of Danvers Bancorp, Inc. for each share of the Issuer, or 1,660 shares of Danvers Bancorp, Inc. having a market value of $13.73 per share on the effective date of the merger, October 30, 2009.
- [F3]Includes 23 shares held in the Employee Stock Ownership Plan.