Home/Filings/4/0001209191-03-017466
4//SEC Filing

COOLEY GORDON M 4

Accession 0001209191-03-017466

CIK 0000736473other

Filed

Aug 13, 8:00 PM ET

Accepted

Aug 18, 8:40 AM ET

Size

33.5 KB

Accession

0001209191-03-017466

Insider Transaction Report

Form 4
Period: 2003-08-12
COOLEY GORDON M
Secretary/General Counsel
Transactions
  • Disposition to Issuer

    Common Stock

    2003-08-127,0000 total(indirect: By Spouse)
  • Tax Payment

    Common Stock

    2003-08-12$50.37/sh8,225$414,2963,758 total
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-122,3690 total
    Exercise: $24.56Exp: 2011-02-20Common Stock (2,369 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-12$20.62/sh7,311$150,7557,310 total
    Exercise: $29.75Exp: 2012-06-17Common Stock (7,311 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-122,5700 total
    Exercise: $30.12Exp: 2009-04-20Common Stock (2,570 underlying)
  • Exercise/Conversion

    Common Stock

    2003-08-12$24.56/sh+196$4,8143,954 total
  • Tax Payment

    Common Stock

    2003-08-12$50.37/sh196$9,8733,758 total
  • Exercise/Conversion

    Common Stock

    2003-08-12$30.09/sh+8,225$247,49011,983 total
  • Tax Payment

    Common Stock

    2003-08-12$50.37/sh7,310$368,2073,758 total
  • Disposition to Issuer

    Common Stock

    2003-08-122,3100 total(indirect: For Daughter)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-12$25.81/sh197$5,0852,565 total
    Exercise: $24.56Exp: 2011-02-20Common Stock (197 underlying)
  • Exercise/Conversion

    Incentive Stock Option (right to buy)

    2003-08-121962,369 total
    Exercise: $24.56Exp: 2011-02-20Common Stock (196 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-12$20.28/sh8,226$166,8268,225 total
    Exercise: $30.09Exp: 2013-02-18Common Stock (8,226 underlying)
  • Exercise/Conversion

    Common Stock

    2003-08-12$29.75/sh+7,310$217,47311,068 total
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-124,1490 total
    Exercise: $19.00Exp: 2010-02-28Common Stock (4,149 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-121,0410 total
    Exercise: $25.16Exp: 2006-03-19Common Stock (1,041 underlying)
  • Disposition to Issuer

    Common Stock

    2003-08-123,7580 total
  • Exercise/Conversion

    Incentive Stock Option (right to buy)

    2003-08-128,2250 total
    Exercise: $30.09Exp: 2013-02-18Common Stock (8,225 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-121,0110 total
    Exercise: $23.22Exp: 2007-02-11Common Stock (1,011 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-121,3350 total
    Exercise: $24.37Exp: 2005-02-14Common Stock (1,335 underlying)
  • Exercise/Conversion

    Incentive Stock Option (right to buy)

    2003-08-127,3100 total
    Exercise: $29.75Exp: 2012-06-17Common Stock (7,310 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-121,2740 total
    Exercise: $18.41Exp: 2004-02-08Common Stock (1,274 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2003-08-127710 total
    Exercise: $32.09Exp: 2008-01-23Common Stock (771 underlying)
Footnotes (14)
  • [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 June 17, 2003.
  • [F11]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.
  • [F12]This option provided for vesting in 4 equal installments beginning on February 18, 2004.
  • [F13]This option, which provided for vesting in 4 equal annual installments beginning April 20, 2000, was assumed by Mercantile in the merger and replaced with an option to purchase 3,204 shares of Mercantile common stock for $24.1599 per share.
  • [F14]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 961 shares of Mercantile common stock for $25.7455 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 1,588 shares of Mercantile common stock for $14.7697 per share.
  • [F3]This option, which provided for vesting in 4 equal annual installments beginning February 29, 2001, was assumed by Mercantile in the merger and replaced with an option to purchase 5,173 shares of Mercantile common stock for $15.2389 per share.
  • [F4]This option, which provided for vesting in 4 equal annual installments beginning February 18, 1988, was assumed by Mercantile in the merger and replaced with an option to purchase 1,260 shares of Mercantile common stock for $18.6313 per share.
  • [F5]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 1,664 shares of Mercantile common stock for $19.5517 per share.
  • [F6]This option provided for vesting in 4 equal installments beginning on February 20, 2002.
  • [F7]Pursuant to each of the option agreements, as amended, governing such options, 14.2288% 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.
  • [F8]This option, which provided for vesting in 4 equal annual installments beginning February 1, 2002, was assumed by Mercantile in the merger and replaced with an option to purchase 2,954 shares of Mercantile common stock for $19.6963 per share.
  • [F9]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 1,298 shares of Mercantile common stock for $20.1784 per share.

Issuer

F&M BANCORP

CIK 0000736473

Entity typeother

Related Parties

1
  • filerCIK 0001239765

Filing Metadata

Form type
4
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 18, 8:40 AM ET
Size
33.5 KB