MASSBANK CORP 4
4 · MASSBANK CORP · Filed Jan 3, 2007
Insider Transaction Report
Form 4
MASSBANK CORPMASB
RUCCI WILLIAM F JR
Director
Transactions
- Award
Phantom stock
2007-01-02$32.89/sh+45.607$1,500→ 185.441 totalExercise: $32.89→ common (45.607 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 1.1677 shares of MASSBANK Corp Common Stock acquired on 11/16/06 at a price of $33.25 per share pursuant to the reinvestment of dividends under the Directors' Deferred Compensation Plan