PETTINELLI NANCY L 4
4 · MASSBANK CORP · Filed Jun 28, 2006
Insider Transaction Report
Form 4
MASSBANK CORPMASB
PETTINELLI NANCY L
Director
Transactions
- Award
Phantom stock
2006-06-28$32.32/sh+30.941$1,000→ 1,263.094 totalExercise: $32.32→ common stock (30.941 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 her termination or death or upon a change of control of the Issuer
- [F3]Includes 9.9695 shares of MASSBANK Corp Common Stock acquired on 05/19/06 at a price of $33.10 per share pursuant to the reinvestment of dividends under the Directors' Deferred Compensation Plan