YOUNG GEORGE E III 5

5 · FALMOUTH BANCORP INC · Filed Nov 14, 2003

Form 5

Period: 2003-09-30

Senior Vice Pres and CFO

Transactions

Award
Common Stock, par value $.01 per share
[F1]
2003-09-30+807→ 5,770 total(indirect: See note (1))

Holdings

Common Stock, par value $.01 per share
[F2]
1,977
Common Stock, par value $.01 per share
(indirect: By Spouse)
2,559
Common Stock, par value $.01 per share
(indirect: By Spouse)
700
Common Stock, par value $.01 per share
(indirect: By IRA)
500
Stock Option, right to buy
[F3]
Exercise: $13.38From: 1999-01-21Exp: 2007-04-15→ Common Stock (438 underlying)
438
Stock Option, right to buy
[F3]
Exercise: $13.38From: 2000-01-21Exp: 2007-04-15→ Common Stock (1,119 underlying)
1,119
Stock Option, right to buy
[F3]
Exercise: $13.38From: 2001-01-21Exp: 2007-04-15→ Common Stock (1,120 underlying)
1,120
Stock Option, right to buy
[F3]
Exercise: $13.38From: 2002-01-21Exp: 2007-04-15→ Common Stock (1,120 underlying)
1,120
Stock Option, right to buy
[F3]
Exercise: $22.00From: 2003-02-01Exp: 2012-03-19→ Common Stock (625 underlying)
625
Stock Option, right to buy
[F3]
Exercise: $22.00From: 2004-02-01Exp: 2012-03-19→ Common Stock (625 underlying)
625
Stock Option, right to buy
[F3]
Exercise: $22.00From: 2005-02-01Exp: 2012-03-19→ Common Stock (625 underlying)
625
Stock Option, right to buy
[F3]
Exercise: $22.00From: 2006-02-01Exp: 2012-03-19→ Common Stock (625 underlying)
625

Footnotes (3)

[F1]Reflects the number of shares allocated to the reporting person's account under the Falmouth Bancorp, Inc. Employee Stock Ownership Plan ("ESOP") as of September 30, 2003. Purauant to Rule 16a3(f)(1)(i)(B), this nondiscretionary transaction occuring under the ESOP, a tax qualified Plan, is exempt from the reporting requirements of Section 16(a) of the Securities Exchange Act, as amended.
[F2]Reflects a restricted stock award granted to the reporting person under tbe 1997 Recognition and Retention Plan for outside Directors, Officers and Employees of Falmouth Bancorp, Inc. ("RRP") where vesting will occur in 25% installments on an annual basis, with the first installment scheduled to vest on 2/1/03.
[F3]Reflects stock options granted to the reporting person under the 1997 Stock Option Plan for outside Directors, Officers and Employees of Falmouth Bancorp, Inc.

Signature

/s/ George E. Young, III|2003-11-07

Documents

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