F&M BANCORP 4

4 · F&M BANCORP · Filed Aug 14, 2003

Form 4Exit

Period: 2003-08-12

Director

Transactions

Disposition to Issuer
Common Stock
[F1]
2003-08-12−1,135→ 0 total
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
[F2]
2003-08-12−861→ 0 total
Exercise: $18.25From: 2000-10-19Exp: 2010-04-19→ Common Stock (861 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
[F3]
2003-08-12−763→ 0 total
Exercise: $25.05From: 2001-10-18Exp: 2011-04-18→ Common Stock (763 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
[F4]
2003-08-12−764→ 0 total
Exercise: $27.10From: 2002-10-17Exp: 2012-04-17→ Common Stock (764 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
[F5]
2003-08-12−363→ 0 total
Exercise: $30.83From: 1999-10-21Exp: 2009-04-21→ Common Stock (363 underlying)

Footnotes (5)

[F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of March 13, 2003, between issuer and Mercantile Bankshares Corporation. Each holder of shares of issuer common stock will be entitled to receive $50.3703 in cash, 1.2470 shares of Mercantile common stock or a combination thereof, subject to allocation provisions.
[F2]This option was assumed by Mercantile in the merger and replaced with an option to purchase 1,073 shares of Mercantile common stock for $14.6442 per share.
[F3]This option was assumed by Mercantile in the merger and replaced with an option to purchase 951 shares of Mercantile common stock for $20.0979 per share.
[F4]This option was assumed by Mercantile in the merger and replaced with an option to purchase 952 shares of Mercantile common stock for $21.7483 per share.
[F5]This option was assumed by Mercantile in the merger and replaced with an option to purchase 452 shares of Mercantile common stock for $24.7595 per share.

Signature

Beverly B. Byron By: /s/ Gordon M. Cooley Attorney-in-fact|2003-08-14

Documents

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