CUMMINGS ROBERT S 4
4 · MASSBANK CORP · Filed Jul 1, 2005
Insider Transaction Report
Form 4
MASSBANK CORPMASB
CUMMINGS ROBERT S
DirectorSecretary
Transactions
- Award
Phantom stock
2005-07-01$34.71/sh+43.215$1,500→ 11,679.863 totalExercise: $34.71→ common (43.215 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 83.0505 shares of MASSBANK Corp Common Stock acquired on 05/19/05 at a price of $36.17 per share pursuant to the reinvestment of dividends under the Directors' Deferred Compensation Plan