CUMMINGS ROBERT S 4
4 · MASSBANK CORP · Filed Oct 3, 2003
Insider Transaction Report
Form 4
MASSBANK CORPMASB
CUMMINGS ROBERT S
DirectorSecretary
Transactions
- Award
Phantom Stock
2003-10-01$37.90/sh+39.578$1,500→ 10,869.551 totalExercise: $37.90→ Common (39.578 underlying)
Footnotes (3)
- [F1]Cash-only security issued pursuant to the Directors' Deferred Compensation Plan
- [F2]The shares of phantom stock become payable in shares of common stock of the Issuer upon the reporting person attaining the age of 72, or his or her termination or death or upon a change of control of the Issuer
- [F3]Includes 74.6447 shares of MASSBANK Corp Common Stock acquired on 08/13/03 at a price of $33.14 per share pursuant to the reinvestment of dividends under the Directors' Deferred Compensation Plan