Home/Filings/4/0001209191-03-017460
4//SEC Filing

STAUFFER DAVID R 4

Accession 0001209191-03-017460

CIK 0000736473other

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

Form 4
Period: 2003-08-12
STAUFFER DAVID R
Senior Exec. VP/C.O.O.
Transactions
  • Exercise/Conversion

    Common Stock

    2003-08-12$19.00/sh+3,218$61,1428,106.874 total
  • Exercise/Conversion

    Common Stock

    2003-08-12$29.75/sh+12,500$371,87517,388.874 total
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-123,2800 total
    Exercise: $24.37Exp: 2005-02-14Common Stock (3,280 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-12$25.81/sh1,714$44,2391,714 total
    Exercise: $24.56Exp: 2011-02-20Common Stock (1,714 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-12$20.25/sh2,743$55,5472,743 total
    Exercise: $30.12Exp: 2009-04-20Common Stock (2,743 underlying)
  • Exercise/Conversion

    Common Stock

    2003-08-12$30.12/sh+2,743$82,6197,631.874 total
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-122,8930 total
    Exercise: $25.16Exp: 2006-03-19Common Stock (2,893 underlying)
  • Exercise/Conversion

    Incentive Stock Option (right to buy)

    2003-08-121,7140 total
    Exercise: $24.56Exp: 2011-02-20Common Stock (1,714 underlying)
  • Exercise/Conversion

    Incentive Stock Option (right to buy)

    2003-08-123,2180 total
    Exercise: $19.00Exp: 2010-02-28Common Stock (3,218 underlying)
  • Exercise/Conversion

    Common Stock

    2003-08-12$24.56/sh+1,714$42,0966,602.874 total
  • Tax Payment

    Common Stock

    2003-08-12$50.37/sh1,714$86,3354,888.874 total
  • Tax Payment

    Common Stock

    2003-08-12$50.37/sh12,500$629,6294,888.874 total
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-123,1880 total
    Exercise: $18.41Exp: 2004-02-08Common Stock (3,188 underlying)
  • Tax Payment

    Common Stock

    2003-08-12$50.37/sh3,218$162,0924,888.874 total
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-12$18.37/sh1,678$30,8251,678 total
    Exercise: $32.00Exp: 2013-01-01Common Stock (1,678 underlying)
  • Disposition to Issuer

    Common Stock

    2003-08-124,888.8740 total
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-12$20.62/sh12,500$257,75412,500 total
    Exercise: $29.75Exp: 2012-06-17Common Stock (12,500 underlying)
  • Exercise/Conversion

    Common Stock

    2003-08-12$32.00/sh+1,678$53,6966,566.874 total
  • Tax Payment

    Common Stock

    2003-08-12$50.37/sh1,678$84,5214,888.874 total
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-122,8350 total
    Exercise: $23.22Exp: 2007-02-18Common Stock (2,835 underlying)
  • Exercise/Conversion

    Incentive Stock Option (right to buy)

    2003-08-1212,5000 total
    Exercise: $29.75Exp: 2012-06-17Common Stock (12,500 underlying)
  • Exercise/Conversion

    Incentive Stock Option (right to buy)

    2003-08-122,7430 total
    Exercise: $30.12Exp: 2009-04-20Common Stock (2,743 underlying)
  • Tax Payment

    Common Stock

    2003-08-12$50.37/sh2,743$138,1664,888.874 total
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-12$31.37/sh3,218$100,9503,218 total
    Exercise: $19.00Exp: 2010-02-28Common Stock (3,218 underlying)
  • Exercise/Conversion

    Incentive Stock Option (right to buy)

    2003-08-121,6780 total
    Exercise: $32.00Exp: 2013-01-01Common Stock (1,678 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-122,1760 total
    Exercise: $32.09Exp: 2008-01-23Common 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

Entity typeother

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