MARSHALL STEPHEN E 4
4 · MASSBANK CORP · Filed Jan 6, 2005
Insider Transaction Report
Form 4
MASSBANK CORPMASB
MARSHALL STEPHEN E
Director
Transactions
- Award
Phantom stock
2005-01-03$37.00/sh+40.541$1,500→ 957.604 totalExercise: $37.00→ common (40.541 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 5.9939 shares of MASSBANK Corp Common Stock acquired on 11/18/04 at a price of $38.00 per share pursuant to the reinvestment of dividends under the Directors' Deferred Compensation Plan