GILLES MICHAEL O 4
4 · BEVERLY NATIONAL CORP · Filed Nov 2, 2009
Insider Transaction Report
Form 4
GILLES MICHAEL O
Senior Executive VP, CFO & COO
Transactions
- Disposition to Issuer
Common Stock
2009-10-30−26,664→ 0 total
Footnotes (2)
- [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 44,262 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]Includes 14 shares held in the Employee Stock Ownership Plan.