STAUFFER DAVID R 4
Accession 0001209191-03-017460
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 18, 7:55 AM ET
Size
38.1 KB
Accession
0001209191-03-017460
Insider Transaction Report
- Exercise/Conversion
Common Stock
2003-08-12$19.00/sh+3,218$61,142→ 8,106.874 total - Exercise/Conversion
Common Stock
2003-08-12$29.75/sh+12,500$371,875→ 17,388.874 total - Disposition to Issuer
Incentive Stock Option (right to buy)
2003-08-12−3,280→ 0 totalExercise: $24.37Exp: 2005-02-14→ Common Stock (3,280 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2003-08-12$25.81/sh−1,714$44,239→ 1,714 totalExercise: $24.56Exp: 2011-02-20→ Common Stock (1,714 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2003-08-12$20.25/sh−2,743$55,547→ 2,743 totalExercise: $30.12Exp: 2009-04-20→ Common Stock (2,743 underlying) - Exercise/Conversion
Common Stock
2003-08-12$30.12/sh+2,743$82,619→ 7,631.874 total - Disposition to Issuer
Incentive Stock Option (right to buy)
2003-08-12−2,893→ 0 totalExercise: $25.16Exp: 2006-03-19→ Common Stock (2,893 underlying) - Exercise/Conversion
Incentive Stock Option (right to buy)
2003-08-12−1,714→ 0 totalExercise: $24.56Exp: 2011-02-20→ Common Stock (1,714 underlying) - Exercise/Conversion
Incentive Stock Option (right to buy)
2003-08-12−3,218→ 0 totalExercise: $19.00Exp: 2010-02-28→ Common Stock (3,218 underlying) - Exercise/Conversion
Common Stock
2003-08-12$24.56/sh+1,714$42,096→ 6,602.874 total - Tax Payment
Common Stock
2003-08-12$50.37/sh−1,714$86,335→ 4,888.874 total - Tax Payment
Common Stock
2003-08-12$50.37/sh−12,500$629,629→ 4,888.874 total - Disposition to Issuer
Incentive Stock Option (right to buy)
2003-08-12−3,188→ 0 totalExercise: $18.41Exp: 2004-02-08→ Common Stock (3,188 underlying) - Tax Payment
Common Stock
2003-08-12$50.37/sh−3,218$162,092→ 4,888.874 total - Disposition to Issuer
Incentive Stock Option (right to buy)
2003-08-12$18.37/sh−1,678$30,825→ 1,678 totalExercise: $32.00Exp: 2013-01-01→ Common Stock (1,678 underlying) - Disposition to Issuer
Common Stock
2003-08-12−4,888.874→ 0 total - Disposition to Issuer
Incentive Stock Option (right to buy)
2003-08-12$20.62/sh−12,500$257,754→ 12,500 totalExercise: $29.75Exp: 2012-06-17→ Common Stock (12,500 underlying) - Exercise/Conversion
Common Stock
2003-08-12$32.00/sh+1,678$53,696→ 6,566.874 total - Tax Payment
Common Stock
2003-08-12$50.37/sh−1,678$84,521→ 4,888.874 total - Disposition to Issuer
Incentive Stock Option (right to buy)
2003-08-12−2,835→ 0 totalExercise: $23.22Exp: 2007-02-18→ Common Stock (2,835 underlying) - Exercise/Conversion
Incentive Stock Option (right to buy)
2003-08-12−12,500→ 0 totalExercise: $29.75Exp: 2012-06-17→ Common Stock (12,500 underlying) - Exercise/Conversion
Incentive Stock Option (right to buy)
2003-08-12−2,743→ 0 totalExercise: $30.12Exp: 2009-04-20→ Common Stock (2,743 underlying) - Tax Payment
Common Stock
2003-08-12$50.37/sh−2,743$138,166→ 4,888.874 total - Disposition to Issuer
Incentive Stock Option (right to buy)
2003-08-12$31.37/sh−3,218$100,950→ 3,218 totalExercise: $19.00Exp: 2010-02-28→ Common Stock (3,218 underlying) - Exercise/Conversion
Incentive Stock Option (right to buy)
2003-08-12−1,678→ 0 totalExercise: $32.00Exp: 2013-01-01→ Common Stock (1,678 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2003-08-12−2,176→ 0 totalExercise: $32.09Exp: 2008-01-23→ Common Stock (2,176 underlying)
Footnotes (12)
- [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.
- [F10]This option provided for vesting in 4 equal installments beginning on April 1, 2000.
- [F11]This option provided for vesting in 4 equal installments beginning on January 1, 2004.
- [F12]This option, which provided for vesting in 4 equal annual installments beginning January 23, 1999, was assumed by Mercantile in the merger and replaced with an option to purchase 2,713 shares of Mercantile common stock for $25.7382 per share.
- [F2]This option, which provided for vesting in 4 equal annual installments beginning February 8, 1995, was assumed by Mercantile in the merger and replaced with an option to purchase 3,975 shares of Mercantile common stock for $14.7651 per share.
- [F3]This option provided for vesting in 4 equal installments beginning on February 28, 2001.
- [F4]Pursuant to each of the option agreements, as amended, governing such options, 50% of the option was surrendered to the issuer and each surrendered share was cancelled in exchange for the difference between $50.3703 and the exercise price per share.
- [F5]This option, which provided for vesting in 4 equal annual installments beginning March 18, 1998, was assumed by Mercantile in the merger and replaced with an option to purchase 3,535 shares of Mercantile common stock for $18.6220 per share.
- [F6]This option, which provided for vesting in 4 equal annual installments beginning February 14, 1996, was assumed by Mercantile in the merger and replaced with an option to purchase 4,090 shares of Mercantile common stock for $19.5437 per share.
- [F7]This option provided for vesting in 4 equal installments beginning on February 20, 2002.
- [F8]This option, which provided for vesting in 4 equal annual installments beginning March 19, 1997, was assumed by Mercantile in the merger and replaced with an option to purchase 3,607 shares of Mercantile common stock for $20.1796 per share.
- [F9]This option provided for vesting in 4 equal installments beginning on June 17, 2003.
Issuer
F&M BANCORP
CIK 0000736473
Related Parties
1- filerCIK 0001239778
Filing Metadata
- Form type
- 4
- Filed
- Aug 13, 8:00 PM ET
- Accepted
- Aug 18, 7:55 AM ET
- Size
- 38.1 KB