LAPIDUS LEONARD 4
4 · MASSBANK CORP · Filed Oct 23, 2003
Insider Transaction Report
Form 4
MASSBANK CORPMASB
LAPIDUS LEONARD
Director
Transactions
- Award
Phantom Stock
2003-10-21$39.16/sh+38.304$1,500→ 1,246.009 totalExercise: $39.16→ Common (38.304 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 termination or death or upon a change of control of the issuer
- [F3]Includes 9.1072 shares of MASSBANK Corp Common Stock acquired on 05/22/2003 at a price of $30.06 per share and 8.3240 shares of MASSBANK Corp Common Stock acquired on 08/13/2003 at a price of $33.14 per share pursuant to the reinvestment of dividends under the Directors' Deferred Compensation Plan