LAPIDUS LEONARD 4
4 · MASSBANK CORP · Filed Jan 20, 2004
Insider Transaction Report
Form 4
MASSBANK CORPMASB
LAPIDUS LEONARD
Director
Transactions
- Other
Option(Right to buy)
2004-01-15$42.90/sh+500$21,450→ 500 totalExercise: $42.90From: 2004-01-15Exp: 2014-01-14→ Common (500 underlying) - Award
Phantom Stock
2004-01-15$42.90/sh+26.224$1,125→ 1,279.267 totalExercise: $42.90→ Common (26.224 underlying)
Footnotes (4)
- [F1]Stock Option granted under the MASSBANK Corp 1994 Stock Incentive Plan
- [F2]Cash-only security issued pursuant to the Directors' Deferred Compensation Plan
- [F3]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
- [F4]Includes 7.0344 shares of MASSBANK Corp. Common Stock acquired on 11/20/2003 at a price of $40.74 per share pursuant to the reinvestment of dividends under the Directors' Deferred Compensation Plan.